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169 Pulaski Street

ICUBE Leases 333,142 SF Industrial Space At 169 Pulaski Street From Ryan Nelson
LEASEDIndustrial

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

Christopher Okada

Okada & Company

Broker

$352.8M

vol

85 deals

Broker
Ryan Nelson

Ryan Nelson

Turnbridge Equities

Landlord

$57.7M

vol

7 deals

Landlord

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