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110 North 12th Street

Lodestone Logistics Leases 25,000 Square Feet At 110 North 12th Street Kenilworth New Jersey
LEASEDIndustrial

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

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:

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.

Players

Jordan Metz

Bussel Realty

Broker

$173.1M

vol

46 deals

Broker
LL
Lodestone Logistics LLCBuyer

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