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DSV Global Transport And Logistics Leases 355000 Square Feet At Crow Holdings In Carteret
LEASED
+ 1
New Jersey
See Similar DealsIndustrial355,000 SF
Leased 08/06/2024
LEASED
DSV Global Transport And Logistics Leases 355000 Square Feet At Crow Holdings In Carteret
300 Salt Meadow Road
See Similar DealsIndustrial355,000 SF
Leased 08/06/2024
+ 1
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:355,000 SF
Transaction Type:Lease
The property involved in this transaction is an industrial asset located at 300 Salt Meadow Road in Carteret, NJ. The total square footage of the building is 355,000, contributing to its functionality within the industrial market. The asset is currently owned by Crow Holdings at Carteret.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 300 Salt Meadow Road
- Market: Carteret
- Landlord: Crow Holdings at Carteret
- Tenant: DSV Global Transport and Logistics
- Square Footage: 355,000
- Broker Representatives: Jules Nissim, Kimberly Bach, Mindy Lissner & Stan Danzig - Cushman & Wakefield
DSV Global Transport and Logistics will enhance the facility by adding 100,000 square feet of cooler capacity to cater to a name-brand client. The leasing of the building has brought the site to nearly 50% occupancy.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$20,348,385.78
Total Lease Value
$203,483,857.78
Net Landlord Cash Flow$20,348,385.78
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