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18 Central BLVD, South Hack...

EPost Global Inc. Leases 41,256 SF Industrial Space In South Hackensack
LEASEDIndustrial

EPost Global Inc. Leases 41,256 SF Industrial Space In South Hackensack

18 Central BLVD, South Hackensack...

Building Size

41,256 SF

Asset Type

Industrial

Closing

Nov 22, 2023

AI

An industrial lease transaction has been completed at 18 Central Blvd in South Hackensack, a property spanning 41,256 square feet. The location falls within the South Hackensack market, and the deal involved Alfred Sanzari Enterprises as the landlord and ePost Global Inc. as the tenant.

Summary of transaction details:

Jason Fisch of F. Greek Development Inc. represented ePost Global Inc. in the lease negotiations, while Stephen Jennings handled the representation of Alfred Sanzari Enterprises internally, facilitating the successful conclusion of the transaction.

Players

Stephen Jennings

Alfred Sanzari Enterprises

Broker

10 deals

Broker
Alfred Sanzari

Alfred Sanzari

Alfred Sanzari Enterprises

Landlord

$12.2M

vol

19 deals

Landlord

South Hackensack Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93