CBRE Brokers Sale Of Cottontail Logistics Center Industrial Complex In Somerset For $XXM
202 Cottontail Lane
Building Size
236,000 SF
Asset Type
Industrial
Closing
Jun 2, 2025
AI
The asset involved in this transaction is a fully leased industrial complex located at 200 & 202 Cottontail Lane, Somerset, NJ. The property encompasses a total of 236,000 square feet and comprises two newly built buildings featuring 36-foot clear heights, 65 loading docks, and 98 parking spaces.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 200 & 202 Cottontail Lane
- Market: Somerset
- Asset Size: 236,000 SF
The transaction was brokered by Brian Fiumara and Elli Klapper of CBRE, who facilitated the sale of the Cottontail Logistics Center, effectively representing the seller in this transaction.
Somerset Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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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