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Sansone Group And Crow Holdings Capital Lease 252,000 SF Industrial Space To YesWay Logistics At Tac-Pal Logistics Center In Palmyra

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LEASED
Jason Barton
Charles (Chuck) Fern
Matthew Marshall
+ 2

New Jersey

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Industrial252,000 SF
Leased
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Property Image
LEASED

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

See Similar Deals
Industrial252,000 SF
Leased
Jason Barton
Charles (Chuck) Fern
Matthew Marshall
+ 2
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:252000 SF
Transaction Type:Lease

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.

Players

Matthew Marshall
Marshall Real Estate
Matthew Marshall
24 deals$138.9M volume
BROKER
Charles (Chuck) Fern
Cushman & Wakefield
Charles Fern
17 deals$117.5M volume(908) 413-3430
BROKER
Jason Barton
Cushman & Wakefield
Jason Barton
11 deals$8.5M volume
BROKER
JS
Avison Young
Jim Scott
3 deals
BROKER
JO
Avison Young
Jack Owens
1 deal
BROKER
Crow Holdings
Crow Holdings
LANDLORD
SG
Sansone Group
LANDLORD

Details

LEASED
IMAGE: Matthew Marshall, Jim Scott, Jack Owens, Chuck Fern & Jason Barton DATE: 07/12/2023 ADDRESS: 201 South State Route 73 MARKET: Palmyra ASSET TYPE: Industrial ~ SF: 252,000 LANDLORD: Sansone Group & Crow Holdings Capital TENANT: YesWay Logistics LANDLORD'S REP: Matthew Marshall, Jim Scott & Jack Owens - Avison Young (@Avison_Young_Global); - Chuck Fern - Cushman & Wakefield TENANT'S REP: Jason Barton - Cushman & Wakefield (@CushWake) NOTE: 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.

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Deal Type
Effective Rent (Annual)

$14,444,487.93

Total Lease Value

$144,444,879.32

Net Landlord Cash Flow$14,444,487.93