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Federation Distribution Services Inc. Leases 104451 Square Feet Industrial Space At 461 Ridge Road
LEASED
New Jersey
See Similar DealsIndustrial104,451 SF
Leased 11/26/2024
Summary
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:104,451 SF
Transaction Type:Lease
An industrial asset located at 461 Ridge Road in South Brunswick features a total square footage of 104,451. The property has been leased, representing half of the building's space, under a lease term of 65 months.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Lease Term: 65 months
- Address: 461 Ridge Road
- Market: South Brunswick
- Landlord: Woodmont Industrial Partners
- Landlord's Representative: Gary Politi & Michael Viera - JLL
- Tenant: Federation Distribution Services Inc.
- Tenant's Representative: Monica Franco - Lee & Associates
The lease at this industrial site was negotiated by JLL on behalf of the landlord partnership, which includes Woodmont Industrial Partners and Sagard Real Estate. Lee & Associates represented the tenant, Federation Distribution Services Inc., facilitating this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,987,068.29
Total Lease Value
$59,870,682.90
Net Landlord Cash Flow$5,987,068.29
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