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DW Cabinetry Acquires Industrial Property At 90 Coles Road Blackwood From Revel Nail For $9.7M

Property Image
SOLD
$9,700,000
Jonathan Klear
Mike Torsiello

New Jersey

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Industrial115,681 SF
Sold 03/27/2025
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Property Image
SOLD

DW Cabinetry Acquires Industrial Property At 90 Coles Road Blackwood From Revel Nail For $9.7M

90 Coles Road

See Similar Deals
Industrial115,681 SF
Sold 03/27/2025
Jonathan Klear
Mike Torsiello
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$83
Total Square Footage:115,681 SF
Transaction Type:Sale

The transaction involves an industrial asset located at 90 Coles Road in the Blackwood market. The property was sold for $9,700,000, covering a total square footage of 115,681, which makes the price per square foot approximately $83.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $9,700,000
  • Square Footage: 115,681
  • Price per Square Foot: $83
  • Buyer: DW Cabinetry
  • Seller: Revel Nail
  • Buyer's Representative: Jonathan Klear - NAI Global
  • Seller's Representative: Mike Torsiello - Binswanger

The deal was facilitated by two representatives, with Jonathan Klear acting on behalf of the buyer, DW Cabinetry, and Mike Torsiello representing the seller, Revel Nail, ensuring that both parties were effectively represented during the transaction process.

Players

Jonathan Klear
NAI Global
Jonathan Klear
9 deals$33.4M volume(310) 740-7741
BROKER
Mike Torsiello
Binswanger
Mike Torsiello
1 deal$9.7M volume(215) 448-6210
BROKER

Details

SOLD
IMAGE: Jonathan Klear & Mike Torsiello DATE: 03/27/2025 ADDRESS: 90 Coles Road MARKET: Blackwood ASSET TYPE: Industrial BUYER: DW Cabinetry SELLER: Revel Nail BUYER'S REP: Jonathan Klear - NAI Global (@NAI.Global) SELLER'S REP: Mike Torsiello - Binswanger (@Binswangerglobal) SALE PRICE: $9,700,000 SF: 115,681 ~ PPSF: $83

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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