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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Matt Cimino - WPT Capital Advisors
- Lender: PGIM Real Estate
- Mortgage Brokers: Jim Cadranell, Ryan Carroll & Caleb Henry - JLL
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
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