Updated Aug 31, 2026
Freight Transportation Services Provider Leases 250,000 Square Feet At 1 Buckingham Avenue In Perth Amboy
1 Buckingham Avenue
Building Size
250,000 SF
Asset Type
Industrial
Closing
Aug 28, 2026
About this deal
AI
An industrial property located at 1 Buckingham Avenue in Perth Amboy, NJ is involved in a closed lease transaction. The asset spans 250,000 square feet and is now fully occupied following a recent leasing arrangement. The landlord of the property is MayPerth LLC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 250,000
- Address: 1 Buckingham Avenue
- Market: Perth Amboy, NJ
- Landlord: MayPerth LLC
- Landlord's Representative: Claudia Ganas, Monica Franco, Ana Carolina DeAraujo & Ryan Mojares - Lee & Associates
- Tenant's Representative: Yitzi Jachimowitz - Eretz Realty
A freight transportation services provider signed the lease, relocating from Union County to enhance its operational capabilities. Lee & Associates facilitated the transaction for the landlord side, while Eretz Realty represented the tenant, ensuring the industrial property reached full occupancy.
Players
Perth Amboy 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