Libiao Robotics Leases 8000 Square Feet Industrial Space At 330 Roycefield Road Hillsborough
330 Roycefield Road
Building Size
8,000 SF
Asset Type
Industrial
Closing
Mar 11, 2025
AI
The asset involved in this transaction is an industrial property located at 330 Roycefield Road in the Hillsborough market. The property encompasses a total of 8,000 square feet and is owned by Bane Realty LLC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 330 Roycefield Road
- Market: Hillsborough
- Square Feet: 8,000.0
- Tenant: Xia Huiling & Dan Jiang - Libiao Robotics
- Landlord: Bane Realty LLC
- Brokers: Edward M. English, Jr. - Avison Young, Ronald Ganter - Avison Young, Jake Claricurzio - Avison Young
The deal was facilitated by three brokers from Avison Young, specifically Edward M. English, Jr., Ronald Ganter, and Jake Claricurzio, who represented the landlord in the transaction. The tenant, Libiao Robotics, is represented by Xia Huiling and Dan Jiang.
Players
Hillsborough Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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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