Updated Sep 10, 2026
Diversified Leases 100,337 Square Foot Industrial Facility From Marq Logistics In Newark, NJ
350 Us Route 1
Building Size
100,337 SF
Asset Type
Industrial
Closing
Sep 9, 2026
About this deal
AI
An industrial facility, encompassing a total of 100,337 square feet, is located at 350 Route 1&9 in Newark, NJ. The asset is listed within the Newark market and is leased by Diversified from Marq Logistics.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 350 Route 1&9
- Market: Newark, NJ
- Landlord: Marq Logistics
- Tenant: Paul Lidsky - Diversified
- Landlord's Representative: Chris Hile, Ryan Milanaik & Doug Rodenstein - JLL
- Tenant's Representative: Chris Koeck - Newmark
The lease agreement facilitates Diversified's consolidation of its four New Jersey locations. The new hub will feature warehouse and office space, fabrication and testing facilities, along with areas for 3D printing and client engagements.
On the Map
Industrial
View full map
Players
Rote Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Rote industrial leases on Traded.
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