Updated Jul 3, 2026
Rick Stone Of Sagard Real Estate Acquires 223,977 Square Foot Industrial Facility In Monmouth Junction
27 Distribution Way
Building Size
223,977 SF
Asset Type
Industrial
Closing
Jul 1, 2026
About this deal
AI
Sagard Real Estate acquired a fully leased industrial facility located at 27 Distribution Way in Monmouth Junction, New Jersey. The asset comprises 223,977 square feet and spans approximately 16.4 acres, fully leased to a long-term distribution tenant. The facility features 28 dock-high loading positions, rail service capability, a secured truck court, and substantial trailer storage capacity.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Address: 27 Distribution Way
- Market: Monmouth Junction, NJ
- Square Footage: 223,977
- Buyer: Rick Stone - Sagard Real Estate
Rick Stone represents Sagard Real Estate in this transaction, as the company expands its presence in the supply-constrained Exit 8A logistics submarket.
On the Map
Industrial
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Way 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