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7 Roszel Road

Sandy Monaghan Of Signature Acquisitions Leases Office Space To Thomas P. Gallagher In Princeton
LEASEDOffice

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

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.

Players

David Stifelman

JLL

Broker

8 deals

Broker
SA
Signature AcquisitionsLandlord

Princeton Office Market Snapshot

Boundary boundary · Office · Lease 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