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925 Paterson Plank Road

Arrowpac International Inc. Renews 125806 SF Industrial Lease At 925 Paterson Plank Road In Secaucus
LEASEDIndustrial

Arrowpac International Inc. Renews 125806 SF Industrial Lease At 925 Paterson Plank Road In Secaucus

925 Paterson Plank Road

Building Size

125,806 SF

Asset Type

Industrial

Closing

Apr 6, 2026

AI

The property asset involved in this transaction is a 125,806 square-foot industrial facility located at 925 Paterson Plank Road in Secaucus. The property is owned by The Mackle Company LLC, which provides access to major transport corridors and connections to Port Newark-Elizabeth and Newark Liberty International Airport.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 925 Paterson Plank Road
  • Market: Secaucus
  • Landlord: The Mackle Company LLC
  • Tenant: Arrowpac International Inc.
  • Brokers: Jason Crimmins & Kenneth Crimmins - The Blau & Berg Company

Arrowpac International Inc. renewed its lease at the property, occupying more than half of the facility. The renewal enables the tenant to maintain its logistics operations at this location.

Players

Jason Crimmins

The Blau & Berg Company

Broker

9 deals

Broker
The Mackle Company LLC
The Mackle Company LLCLandlord

Secaucus 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