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995 Taylors Lane

Cinnaminson Industrial Lease Of 1,200,000 SF Between Landlord Logistics Property Co And Tenant Aligned Holdings
LEASEDIndustrial

Cinnaminson Industrial Lease Of 1,200,000 SF Between Landlord Logistics Property Co And Tenant Aligned Holdings

995 Taylors Lane

Building Size

1,200,000 SF

Asset Type

Industrial

Closing

May 28, 2025

AI

The property asset involved in the transaction is an industrial space located at 995 Taylors Lane in Cinnaminson, featuring a substantial square footage of 1,200,000. The lease transaction marks a significant addition to the local industrial market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 995 Taylors Lane
  • Market: Cinnaminson
  • Landlord: James G. Martell - Logistics Property Co
  • Landlord's Representative: Sean Duncan, Bill Waxman, John Gartland, Jonas Skovdal & Mindy Lissner - Cushman & Wakefield
  • Tenant's Representative: Eric Demmers - NAI James E. Hanson

This deal involves key individuals and companies such as James G. Martell, who represents the landlord, and Eric Demmers, who represents the tenant, highlighting the roles of multiple brokers from Cushman & Wakefield in facilitating the lease agreement.

Players

Mindy Lissner

Cushman & Wakefield

Broker

$111.2M

vol

14 deals

Broker
LC
Logistics Property Co.Landlord

Cinnaminson 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