Greg Sabato Of Resource Realty Represents Best Way Trucking In Industrial Lease Renewal In Fairfield
19 Daniel Road
Building Size
48,100 SF
Asset Type
Industrial
Closing
Nov 21, 2025
AI
The property asset involved in this transaction is an industrial space located at 19 Daniel Road in Fairfield. The lease encompasses a total area of 48,100 square feet. This transaction reflects the ongoing activity within the Fairfield market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Lease Renewal
- Address: 19 Daniel Road
- Market: Fairfield
- Tenant: Best Way Trucking
- Broker: Greg Sabato - Resource Realty
Greg Sabato of Resource Realty represented both the tenant, Best Way Trucking, and the undisclosed landlord in this lease renewal transaction. Resource Realty of Northern New Jersey was instrumental in negotiating the terms for the renewal of this industrial lease.
Players
Fairfield 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