Updated Aug 6, 2026
Lodestone Logistics Leases 25,000 Square Feet At 110 North 12th Street Kenilworth New Jersey
110 North 12th Street
Building Size
25,000 SF
Asset Type
Industrial
Closing
Aug 3, 2026
About this deal
AI
The asset is located at 110 North 12th Street in Kenilworth, NJ, and is classified as an industrial property with a total square footage of 25,000. The landlord involved in this lease transaction is North Holdings LLC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Landlord: North Holdings LLC
- Tenant: Lodestone Logistics LLC
- Brokers: Jordan Metz, Benito Abbate & James Friel - Bussel Realty
- Lease signed within: 7 days
Lodestone Logistics LLC secured a lease with North Holdings LLC for a facility that provides access to significant transportation corridors across the Northeast, enhancing their operational capabilities in the region.
On the Map
Industrial
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Players
Kenilworth 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