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303 Helen Street

HABR Brokerage Inc Leases 117,875 Square Feet Industrial Space At 303 Helen Street In South Plainfield
LEASEDIndustrial

HABR Brokerage Inc Leases 117,875 Square Feet Industrial Space At 303 Helen Street In South Plainfield

303 Helen Street

Building Size

117,875 SF

Asset Type

Industrial

Closing

Jun 29, 2026

AI

The property asset involved in this transaction is an industrial space located at 303 Helen Street in South Plainfield, New Jersey, comprising a total area of 117,875 square feet. The transaction was executed as a lease agreement.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Disclosed
  • Address: 303 Helen Street
  • Market: South Plainfield, NJ
  • Landlord: CNC Associates NY Inc.
  • Tenant: HABR Brokerage Inc.
  • Landlord's Representative: Jordan Metz, Benito Abbate & James Friel - Bussel Realty
  • Tenant's Representative: Lee & Associates

The lease agreement involves HABR Brokerage Inc. subleasing the industrial space to enhance its distribution and logistics operations throughout the Northeast region. The transaction was facilitated by Bussel Realty Corp.'s Metz Industrial Group representing CNC Associates NY Inc., while Lee & Associates acted on behalf of HABR Brokerage Inc.

Players

Jordan Metz

Bussel Realty

Broker

$140.7M

vol

40 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage

Market 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