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Anthony Basile Of Alcamo Capital Leases 150,272 Square Feet To CEVA Logistics In Lawrence Township

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LEASED
Matthew C. Turse
Timothy Cadigan
Judy Troiano
+ 7

New Jersey

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Industrial150,272 SF
Leased 01/23/2025
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LEASED

Anthony Basile Of Alcamo Capital Leases 150,272 Square Feet To CEVA Logistics In Lawrence Township

40 Enterprise Avenue

See Similar Deals
Industrial150,272 SF
Leased 01/23/2025
Matthew C. Turse
Timothy Cadigan
Judy Troiano
+ 7
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:150,272 SF
Transaction Type:Lease

The property asset involved in the transaction is an industrial facility located at 40 Enterprise Avenue, Lawrence Township. This newly developed warehouse spans 150,272 square feet within a total of 261,646 square feet, highlighting modern facility features with sustainability considerations.

Summary of transaction details:

This lease arrangement involves CEVA Logistics occupying the space, a strategic move within the competitive logistics market of the area, with remaining space also available for lease in the newly developed facility.

Players

Thomas "Tom" Carragher
Newmark
Thomas Carragher
3 deals
BROKER
Craig Engelhardt
Newmark
Craig Engelhardt
2 deals
BROKER
Stephen Gianis
Avison Young
Stephen Gianis
6 deals$4.5M volume(908) 447-6022
BROKER
Kyle Eaton
Newmark
Kyle Eaton
8 deals$100M volume
BROKER
Judy Troiano
Avison Young
Judy Troiano
2 deals
BROKER
John Gianis
Avison Young
John Gianis
3 deals
BROKER
Matthew C. Turse
Avison Young
Matthew C. Turse
11 deals$27.1M volume
BROKER
Timothy Cadigan
Avison Young
Timothy Cadigan
11 deals$27.1M volume
BROKER
J.C. Giordano
Avison Young
J.C. Giordano
3 deals(908) 809-0037
BROKER
Christopher (Chris) Carragher
Newmark
Christopher Carragher
1 deal(201) 528-0852
BROKER
Kislak
Kislak
BROKERAGE

Details

LEASED
IMAGE: Mathieu Friedberg, J.C. Giordano, John Gianis, Judy Troiano, Matthew C. Turse, Timothy Cadigan, Stephen Gianis, Chris Carragher, Craig Engelhardt, Kyle Eaton & Thomas Carragher DATE: 01/23/2025 ADDRESS: 40 Enterprise Avenue MARKET: Lawrence Township ASSET TYPE: Industrial ~ SF: 150,272 LANDLORD: Anthony Basile - Alcamo Capital TENANT: Mathieu Friedberg - CEVA Logistics (@Ceva.Logistics) LANDLORD'S REP: J.C. Giordano, John Gianis, Judy Troiano (@JTroiano_cre), Matthew C. Turse, Timothy Cadigan & Stephen Gianis (@SGianis21) - Avison Young (@Avison_Young_Global) TENANT'S REP: Chris Carragher, Craig Engelhardt, Kyle Eaton & Thomas Carragher - Newmark (@Newmark) NOTE: CEVA Logistics will occupy 150,272 square feet of a newly developed 261,646-square-foot warehouse in Lawrence Township, transforming a previously obsolete asset into a modern facility with sustainability features. This project, facilitated by Avison Young and owned by Alcamo Capital, highlights the competitive logistics market in the area, with remaining space available for lease.

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Deal Type
Effective Rent (Annual)

$8,613,500.36

Total Lease Value

$86,135,003.59

Net Landlord Cash Flow$8,613,500.36