List Logistics Leases Industrial Property In Flanders With Brokers Cushman & Wakefield
703 Bartley Chester Rd, Flanders, NJ 07836
Building Size
844,373 SF
Asset Type
Industrial
Closing
Dec 9, 2022
AI
A lease transaction has taken place in Flanders, involving an industrial property located at 703 Bartley Chester Road. The property spans approximately 844,373 square feet and is situated in a prime location.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 12/09/2022
- Tenant: List Logistics
The lease deal was facilitated by Cushman & Wakefield, with brokers Charles Fern, Jason Barton, Thomas Tucci, Stephen Shoemaker, Jonathan Winge, Torsten Thaler, Elizabeth Rouse, and Natalie Gorga representing both parties involved in the transaction.
Players
Jackson 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