Updated Dec 21, 2023
Oxford Properties Group And EverWest Real Estate Investors Acquire Industrial & Development Site In Edison, East Brunswick & Hamilton For $54M
65 Brunswick Avenue, Edison, New Jersey 08817, United States
$54,000,000
Building Size
—
Asset Type
Industrial
Closing
Feb 27, 2022
About this deal
AI
An industrial and development site located at 65 Brunswick Ave, 9 Cotters Lane & Cabot Drive and Route 130 in the markets of Edison, East Brunswick, and Hamilton has been sold for a total price of $54,000,000. The transaction took place on February 28, 2022. The property asset involved in the deal is characterized as an industrial and development site.
Summary of transaction details
- Property Type: Industrial & Development Site
- Transaction Amount: $54,000,000
- Address: 65 Brunswick Ave, 9 Cotters Lane & Cabot Drive and Route 130
- Market: Edison, East Brunswick & Hamilton
Oxford Properties Group represented by Ankit Bhatt and EverWest Real Estate Investors represented by Stephen Feinberg were the buyers in this transaction.
Players
Edison Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93