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517 Us Highway 1

Lincoln Electric Products Leases 11,214 Square Feet From Baycrest Woodbridge Associates In Woodbridge NJ
LEASEDOffice

Lincoln Electric Products Leases 11,214 Square Feet From Baycrest Woodbridge Associates In Woodbridge NJ

517 Us Highway 1

Building Size

11,214 SF

Asset Type

Office

Closing

Jun 23, 2026

AI

517 Route 1 in Woodbridge, NJ, is a 146,600-square-foot office building where Lincoln Electric Products leased 11,214 square feet of space. The property is situated along the Route 1 corridor, a location that supports connectivity and access for businesses.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 517 Route 1
  • Market: Woodbridge, NJ
  • Landlord: Baycrest Woodbridge Associates LLC
  • Tenant: Lincoln Electric Products
  • Landlord's Representative: JLL
  • Tenant's Representative: Jordan Metz, Benito Abbate & James Friel - Bussel Realty

This lease agreement contributes to the activity within the Central New Jersey office market, where prominent considerations for tenants include highway access and proximity to essential labor and transportation networks, reinforcing the location's strategic importance.

Players

Jordan Metz

Bussel Realty

Broker

$140.7M

vol

38 deals

Broker
JLL
JLLBrokerage

Iselin 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