Updated Oct 16, 2026
Sitex Group Acquires 343,000 Square Foot Industrial Warehouse In South Brunswick For Undisclosed Amount
100 Middlesex Center Boulevard
Building Size
343,000 SF
Asset Type
Industrial
Closing
Oct 15, 2026
About this deal
AI
An industrial property has been acquired at 100 Middlesex Center Boulevard, South Brunswick, NJ. The asset spans 343,000 square feet and is situated on a 40-acre site. The property is fully leased, making it suitable for logistics operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Brian Milberg & Blake Chroman - Sitex Group
- Brokers: Gary Gabriel, Kyle Schmidt, Seth Zuidema & Ryan Larkin - Cushman & Wakefield
The acquisition was facilitated by Cushman & Wakefield’s brokerage team, consisting of Gary Gabriel, Kyle Schmidt, Ryan Larkin, and Seth Zuidema, who arranged the transaction for Sitex Group, ensuring the property continued to serve its logistics purpose with existing tenants in place.
On the Map
Industrial
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Brunswick 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