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Eastern Torque Services Leases 13217 Square Feet At 315 Roycefield Road Hillsborough

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LEASED

New Jersey

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Industrial13,217 SF
Leased 01/28/2025
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LEASED

Eastern Torque Services Leases 13217 Square Feet At 315 Roycefield Road Hillsborough

315 Roycefield Road

See Similar Deals
Industrial13,217 SF
Leased 01/28/2025
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:13,217 SF
Transaction Type:Lease

The property involved in this transaction is an industrial building located at 315 Roycefield Road, Hillsborough. The newly constructed facility boasts a total square footage of 54,600, with a leased area of 13,217 square feet. The building features 24-foot ceilings and LED lighting, and has strategic access to major transportation routes.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Long-term lease
  • Address: 315 Roycefield Road
  • Market: Hillsborough
  • Tenant: Eastern Torque Services
  • Broker: Jason Zimmel - Zimmel Associates
  • Lease Term: Long-term

This transaction resulted in full occupancy of the property, which was built in 2024. Eastern Torque Services signed the long-term lease, facilitated by broker Jason Zimmel from Zimmel Associates, showcasing the effective collaboration in the leasing process.

Players

Jason Zimmel
3 deals$5M volume(732) 661-9200
BROKER

Details

LEASED
IMAGE: Jason Zimmel DATE: 01/28/2025 ADDRESS: 315 Roycefield Road MARKET: Hillsborough ASSET TYPE: Industrial ~ SF: 13,217 TENANT: Eastern Torque Services BROKER: Jason Zimmel - Zimmel Associates (@ZimmelAssociates) LEASE TERM: long-term NOTE: Eastern Torque Services signed a long-term lease for 13,217 square feet at the newly constructed 54,600-square-foot industrial building at 315 Roycefield Road, Hillsborough. Zimmel Associates brokered the deal, completing full occupancy of the 2024-built property, which features 24-foot ceilings, LED lighting, and strategic access to major transportation routes.

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Deal Type
Effective Rent (Annual)

$757,590.46

Total Lease Value

$7,575,904.64

Net Landlord Cash Flow$757,590.46