Updated Sep 11, 2026
Sansone Group And Crow Holdings Capital Lease 252,000 SF Industrial Space To YesWay Logistics At Tac-Pal Logistics Center In Palmyra
201 South State Route 73 Palmyra, New Jersey 08065, Usa
Building Size
252,000 SF
Asset Type
Industrial
Closing
Jul 12, 2023
About this deal
AI
Sansone Group and Crow Holdings Capital have signed a 252,000-square-foot lease with YesWay Logistics at the Tac-Pal Logistics Center in Palmyra, New Jersey. The recently completed infill industrial building offers modern features and is the largest of its kind in Southern New Jersey.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 201 South State Route 73, Palmyra, New Jersey
- Market: Palmyra
- Size: 252,000 square feet
The lease transaction was facilitated by Matthew Marshall, Jim Scott, and Jack Owens from Avison Young. Chuck Fern from Cushman & Wakefield represented the landlords, Sansone Group and Crow Holdings Capital. Jason Barton, also from Cushman & Wakefield, acted as the tenant's representative in the deal.
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Industrial
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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