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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 40 Enterprise Avenue
- Market: Hamilton
- Tenant: Mathieu Friedber - CEVA Logistics
- Brokers: Haylee McCabe, Kyle Eaton, Robert Loderstedt & Michael Schipper - Newmark
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
Trenton Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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