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
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