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55 Talmadge Road

Raymond Cohn Of EDSF Group Secures $32 Million Refinance Loan For Industrial Property In Edison
FINANCEDIndustrial

Raymond Cohn Of EDSF Group Secures $32 Million Refinance Loan For Industrial Property In Edison

55 Talmadge Road

$32,000,000

$107/SF

Building Size

296,738 SF

Asset Type

Industrial

Closing

Jun 26, 2026

AI

The property asset involved in this transaction is an industrial facility located at 55 Talmadge Road in Edison. The total square footage of the asset is 287,000. A refinance loan was secured for a total amount of $32,000,000 with a cash out option included in the loan terms.

Summary of transaction details:

The transaction highlights key players such as the landlord, Raymond Cohn, representing both Duck River Textiles, Inc and Sanprinon Properties. The landlord's representatives, from EDSF Group at Cushman & Wakefield, played a crucial role in facilitating the refinance deal.

Players

John Alascio

Cushman & Wakefield

Broker

$5.4B

vol

60 deals

Broker

Raymond Cohn

Duck River Textiles, Inc

Landlord

$32M

vol

1 deal

Landlord
SP
Sanprinon PropertiesLandlord

Edison Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93