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27 Distribution Way Monmout...

Updated Jul 13, 2026

Sagard Real Estate Purchases Industrial Asset From CenterPoint In Monmouth Junction For $56.9M
SOLDIndustrial

Sagard Real Estate Purchases Industrial Asset From CenterPoint In Monmouth Junction For $56.9M

27 Distribution Way Monmouth Junction, Nj

$56,900,000

$254/SF

Building Size

223,977 SF

Asset Type

Industrial

Closing

Jun 25, 2026

About this deal

AI

This industrial property is located at 27 Distribution Way in Monmouth Junction, NJ. The asset was sold for $56,900,000, encompassing a total space of 223,977 square feet, which translates to a price per square foot of $254.

Summary of transaction details:

The deal involved key representatives from JLL, specifically Jason Lundy, Nick Stefans, John Plower, and Ryan Cottone, who facilitated the transaction between the buyer, Sagard Real Estate, and the seller, CenterPoint.

On the Map

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$56,900,000

$254/SF

Industrial

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Players

John Plower

JLL

Broker

$1.2B

vol

18 deals

Broker
Sagard Real Estate
Sagard Real EstateBuyer
CenterPoint Properties
CenterPoint PropertiesSeller

Monmouth Junction Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $254 per square foot on a published $56.9M for 223,977 square feet (2026).

Visit Jason Lundy to view all their deals.

Browse New Jersey industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.28%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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