Updated Oct 29, 2024
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
About this deal
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.
On the Map
Industrial
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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