ICUBE Leases 333,142 SF Industrial Space At 169 Pulaski Street From Ryan Nelson
169 Pulaski Street
$20
$20/SF
Building Size
333,142 SF
Asset Type
Industrial
Closing
Mar 22, 2026
AI
The lease transaction involves an industrial property located at 169 Pulaski Street in the Bayonne market. The asset type is industrial, comprising a total square footage of 333,142, with an asking rent of $20 per square foot. The lease type is a Single Net Lease, and the tenant expanded its space by taking an additional 78,142 square feet, increasing from 255,000 square feet to the current total.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $20/ft
- Address: 169 Pulaski Street
- Market: Bayonne
- Asset Size: 333,142 SF
- Landlord: Ryan Nelson - Turnbridge Equities
- Tenant: iCUBE
- Tenant's Representative: Chris Okada - Okada & Company
- Lease Type: Single Net Lease
Ryan Nelson of Turnbridge Equities represents the landlord in this transaction, while Chris Okada from Okada & Company represents the tenant, iCUBE, in the deal. This expansion signifies a notable increase in the tenant's operational space within the market.
Players
Bayonne 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
793150.00%
Cash-on-Cash
-226684.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93