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861 Sloan Avenue

Updated Oct 10, 2026

Lincoln Property Co. And Ullico Investment Advisors Acquire Industrial Property In Hamilton For $16.8M
FINANCEDIndustrial

Lincoln Property Co. And Ullico Investment Advisors Acquire Industrial Property In Hamilton For $16.8M

861 Sloan Avenue

$16,800,000

$121/SF

Building Size

138,852 SF

Asset Type

Industrial

Closing

May 28, 2025

About this deal

AI

An acquisition loan of $16,800,000 was secured for a 138,852-square-foot industrial property located at 861 Sloan Avenue in the Hamilton market. The asset spans 13.6 acres and has been renovated for its new purpose.

Summary of transaction details:

JLL played a crucial role in securing the acquisition financing, enabling the joint venture to advance their purchase of the industrial property, collaborating with notable partners in the lending and ownership landscape.

On the Map

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$16,800,000

$121/SF

Industrial

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Players

Jim Cadranell

JLL

Broker

$2.4B

vol

33 deals

Broker
Prime Finance
Prime FinanceLender
Clay Duvall

Clay Duvall

Lincoln Property Company

Landlord

$2.5B

vol

35 deals

Landlord

Trenton Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Deal FAQ

About $121 per square foot on a published $16.8M for 138,852 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.94%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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