Updated May 12, 2025
Sandy Monaghan Of Signature Acquisitions Leases Office Space To Thomas P. Gallagher In Princeton
7 Roszel Road
Building Size
94,445 SF
Asset Type
Office
Closing
Apr 25, 2025
About this deal
AI
The asset involved in this transaction is an office space located at 7 Roszel Road, Princeton, with a total square footage of 94,445. The property is owned by Signature Acquisitions and has been the operational site for the tenant since 2007.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 7 Roszel Road
- Market: Princeton
- Landlord: Sandy Monaghan - Signature Acquisitions
- Tenant: Thomas P. Gallagher - Miami International Securities Exchange, LLC
- Landlord's Representative: David Stifelman & Jason Benson - JLL
- Tenant's Representative: Bill King - King Realty
The deal includes plans for the landlord, Signature Acquisitions, to enhance the property's facilities, which will feature a new conference center, renovated cafeteria, and refreshed common areas, further supporting the operational needs of the tenant.
On the Map
Office
View full map
Players
Princeton Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse Princeton office leases on Traded.
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