Updated Oct 28, 2024
Ta Centennial Urban Renewal LLC Acquires Industrial Property In Piscataway For $79.5M
800 Centennial Avenue, Piscataway, NJ, USA
$79,500,000
$286/SF
Building Size
277,830 SF
Asset Type
Industrial
Closing
Oct 3, 2021
About this deal
AI
The industrial property located at 800 Centennial Ave in Piscataway has been sold. The sale took place on 10/04/2021. The property was acquired by Ta Centennial Urban Renewal LLC from James Jones for a total sale price of $79,500,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $79,500,000
- Address: 800 Centennial Ave
- Market: Piscataway
Ta Centennial Urban Renewal LLC acted as the buyer in this transaction, while James Jones served as the seller.
The industrial sale at 800 Centennial Avenue, Piscataway, NJ, USA in Piscataway, New Jersey sold for $79.5M in 2021. The building is 277,830 square feet, implying about 286 per square foot on the published price. This page is the Piscataway, New Jersey file for the 800 Centennial Avenue, Piscataway, NJ, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Piscataway sit in the Market section below. Filter that Piscataway industrial set by closing date to see what else sold near 800 Centennial Avenue, Piscataway, NJ, USA around 2021. Published consideration for 800 Centennial Avenue, Piscataway, NJ, USA is $79.5M, dated 2021. Cite this Ta Centennial Urban Renewal LLC Acquires Industrial Property In Piscataway For $79.5M sale when underwriting similar industrial product around Piscataway, New Jersey.
Players
Piscataway 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93