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130 Interstate Blvd

Matt Cimino Of WPT Capital Advisors Acquires Industrial Property In Monroe Township Financed By PGIM Real Estate
SOLDIndustrial

Matt Cimino Of WPT Capital Advisors Acquires Industrial Property In Monroe Township Financed By PGIM Real Estate

130 Interstate Blvd

Building Size

603,092 SF

Asset Type

Industrial

Closing

Mar 3, 2026

AI

WPT Capital Advisors acquired a fully leased industrial property at 130 Interstate Blvd., Monroe Township, comprising a total of 603,092 square feet. The asset includes two buildings, originally built in 1999 and expanded in 2014, with its market located outside Trenton.

Summary of transaction details:

The financing for the deal was arranged by JLL through PGIM Real Estate, with the seller not disclosed. The involvement of key individuals includes Matt Cimino representing WPT Capital Advisors as the buyer and the associated mortgage brokers facilitating the transaction.

Players

Jim Cadranell

JLL

Broker

$2.4B

vol

33 deals

Broker

Matt Cimino

Buyer

1 deal

Buyer
PGIM
PGIM Lender

Monroe Township Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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