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Delran, New Jersey, United ...

Camber Real Estate Partners Secures $89.1M Loan For South Jersey, Bucks County Industrial Portfolio
FINANCEDIndustrial

Camber Real Estate Partners Secures $89.1M Loan For South Jersey, Bucks County Industrial Portfolio

Delran, New Jersey, United States

$89,100,000

$74/SF

Building Size

1,200,000 SF

Asset Type

Industrial

Closing

Oct 13, 2022

AI

The South Jersey, Bucks County industrial Portfolio in Delran, Bridgeport, Evesham, Cinnaminson, Mount Laurel, New Jersey, and Bristol, Pennsylvania has been sold in a closed transaction. The industrial property spans 1,200,000 square feet, making it a substantial asset in the market.

Summary of transaction details

The deal was facilitated by John Alascio, Chuck Kohaut, and TJ Sullivan of Cushman & Wakefield. They represented the buyer or seller in the transaction.

Players

John Alascio

Cushman & Wakefield

Broker

$5.4B

vol

57 deals

Broker
Natixis
NatixisLender

Delran 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

0.18%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93