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
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