SNS Real Estate Investment Group Acquires 84,000 SF Industrial Property From NCH Corporation In South Brunswick
34 Stouts Lane
Building Size
84,000 SF
Asset Type
Industrial
Closing
Apr 22, 2025
AI
An industrial property at 34 Stouts Lane, South Brunswick, was sold from NCH Corporation to SNS Real Estate Investment Group. The property encompasses a total area of 84,000 square feet, and no specific transaction amount has been disclosed.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 34 Stouts Lane
- Market: South Brunswick
- Buyer: Nate Mashini - SNS Real Estate Investment Group
- Seller: NCH Corporation
- Brokers: John Gianis, Matthew C. Turse, Stephen Gianis & Timothy Cadigan - Avison Young; Mike McElwee - Hughes Marino
Avison Young facilitated the transaction, which involves plans for renovations by SNS Real Estate Investment Group, aimed at modernizing the space to attract new tenants by Q2 2025 in Central New Jersey.
Players
Monmouth Junction 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