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Aramsco Inc. Leases 117,000 SF Industrial Space At Logan Township's Logan North

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LEASED
Nate Demetsky
Dean Torosian
+ 5

New Jersey

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Industrial117,000 SF
Leased 03/06/2024
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Property Image
LEASED

Aramsco Inc. Leases 117,000 SF Industrial Space At Logan Township's Logan North

301 Crossroads Blvd

See Similar Deals
Industrial117,000 SF
Leased 03/06/2024
Nate Demetsky
Dean Torosian
+ 5
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:117,000 SF
Transaction Type:Lease

The industrial property located at 301 Crossroads Boulevard in Bridgeport spans 117,000 square feet. This Class A logistics facility leased by Aramsco Inc. is situated in Logan Township's industrial development complex, Logan North. The prime location of the site provides easy access to major transportation infrastructure, along with close proximity to ports and the Philadelphia International Airport.

Summary of transation details:

The deal involved in this transaction showcases the involvement of various key individuals and companies. Noteworthy representatives include Dean Torosian, Matt Kemery, Nate Demetsky, and Paul Torosian from JLL, overseeing the landlord's interests, while Brando Casalicchio, Colin Flynn, and David Ricci from The Flynn Company, along with Ryan Bowie from ICON Commercial, represented the tenant, Rich Salerno of Aramsco Inc.

Players

Paul Torosian
3 deals$259M volume
BROKER

Nate Demetsky
JLL
7 deals$46M volume
BROKER

Matt Kemery
JLL
2 deals
BROKER

Dean Torosian
JLL
3 deals
BROKER

Ryan Bowie
ICON Commercial Interests
1 deal
BROKER


David Ricci
The Flynn Company
2 deals$19M volume
BROKER

Details

LEASED
IMAGE: Alex Motiuk, Alex Cocoziello, Rich Salerno, Dean Torosian, Matt Kemery, Nate Demetsky, Paul Torosian, Brando Casalicchio, Colin Flynn, David Ricci & Ryan Bowie DATE: 03/06/2024 ADDRESS: 301 Crossroads Boulevard MARKET: Bridgeport ASSET TYPE: Industrial ~ SF: 117,000 LANDLORD: Alex Motiuk (@AlexMotiuk) - Greek Real Estate Partners (@GreekREP); Alex Cocoziello- Advance Realty Investors (@AdvanceRealty) TENANT: Rich Salerno - Aramsco Inc. (@AramsCocorporate) LANDLORD'S REP: Dean Torosian, Matt Kemery, Nate Demetsky & Paul Torosian - JLL (@JLL) TENANT'S REP: Brando Casalicchio, Colin Flynn (@ColinFlynn10) & David Ricci - The Flynn Company (@FlynnCompany); Ryan Bowie - ICON Commercial NOTE: Aramsco Inc. leased 117,000 square feet in Logan Township's industrial development complex, Logan North, affirming demand for Class A logistics facilities despite market turbulence. The site's prime location offers access to major transportation infrastructure and proximity to ports and the Philadelphia International Airport. # AdvanceRealtyInvestors

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Deal Type
Effective Rent (Annual)

$6,706,369.40

Total Lease Value

$67,063,693.97

Net Landlord Cash Flow$6,706,369.40