Updated Jan 20, 2026
Ari Nessel Of Nessel Development Leases 15000 Sq Ft To Ennoble Care In Marlton
Executive Drive
Building Size
15,000 SF
Asset Type
Industrial
Closing
Jan 20, 2026
About this deal
AI
The lease transaction involved an industrial property located at One Executive Drive in Marlton, with a total square footage of 15,000. The asset is part of Marlton Executive Park.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: One Executive Drive
- Market: Marlton
- Landlord: Ari Nessel - Nessel Development
- Tenant: Kush Das - Ennoble Care
- Brokers: Erin Warwick & Evan Zweben - Wolf Commercial Real Estate
Nessel Development has successfully leased nearly 15,000 square feet to Ennoble Care, facilitated by Wolf Commercial Real Estate. The brokers reported high tenant interest in the area, noting that over 20,000 square feet has been leased recently, with an additional 35,000 square feet still available for potential tenants.
Players
Moorestown Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Moorestown industrial leases on Traded.
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