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Federation Distribution Services Inc. Leases 104451 Square Feet Industrial Space At 461 Ridge Road

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LEASED

New Jersey

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Industrial104,451 SF
Leased 11/26/2024
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LEASED

Federation Distribution Services Inc. Leases 104451 Square Feet Industrial Space At 461 Ridge Road

Industrial104,451 SF
Leased 11/26/2024
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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.

Players

Gary Politi
7 deals$55.4M volume
BROKER


Details

LEASED
IMAGE: Rick Stone, Gary Politi, Michael Viera & Monica Franco DATE: 11/26/2024 ADDRESS: 461 Ridge Road MARKET: South Brunswick ASSET TYPE: Industrial ~ SF: 104,451 LANDLORD: Woodmont Industrial Partners; Rick Stone - Sagard Real Estate TENANT: Federation Distribution Services Inc. LANDLORD'S REP: Gary Politi & Michael Viera - JLL (@JLL) TENANT'S REP: Monica Franco - Lee & Associates (@LeeAssociatesRE) LEASE TERM: 65 months NOTE: Federation Distribution Services leased 104,451 square feet of industrial space at 461 Ridge Road in South Brunswick for 65 months. The lease, representing half the building, was negotiated by JLL for the landlord partnership of Woodmont Industrial Partners and Sagard Real Estate, with Lee & Associates representing the tenant.

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Deal Type
Effective Rent (Annual)

$5,987,068.29

Total Lease Value

$59,870,682.90

Net Landlord Cash Flow$5,987,068.29