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40 Enterprise Avenue

CEVA Logistics Signs 150000 SF Industrial Lease At 40 Enterprise Avenue In Hamilton NJ
LEASEDIndustrial

CEVA Logistics Signs 150000 SF Industrial Lease At 40 Enterprise Avenue In Hamilton NJ

40 Enterprise Avenue

Building Size

150,000 SF

Asset Type

Industrial

Closing

Jun 5, 2025

AI

The industrial lease involves a newly built facility located at 40 Enterprise Avenue in Hamilton, NJ, with a total square footage of 150,000. The asset features 40-foot clear heights, 46 dock doors, and 141 parking spaces, indicating its suitability for logistics and industrial operations. The landlord details have not been disclosed.

Summary of transaction details:

The transaction saw CEVA Logistics sign a lease for the industrial space, with Newmark representing the tenant in this deal. The involvement of multiple brokers emphasizes the significance of the transaction within the local market.

Players

Robert Loderstedt

Newmark

Broker

$7.3M

vol

5 deals

Broker

Trenton 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