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100 Enterprise Drive

FedEx Renewed Lease For 125000 Square Foot Industrial Facility In Newburgh With CenterPoint Properties
LEASEDIndustrial

FedEx Renewed Lease For 125000 Square Foot Industrial Facility In Newburgh With CenterPoint Properties

100 Enterprise Drive

Building Size

125,000 SF

Asset Type

Industrial

Closing

Dec 3, 2025

AI

The industrial facility located at 100 Enterprise Drive in Newburgh encompasses a total area of 125,000 square feet. This property is positioned in the Newburgh market, and the landlord is CenterPoint Properties.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Lease Renewal
  • Address: 100 Enterprise Drive
  • Market: Newburgh
  • Landlord: Jim Clewlow - CenterPoint Properties
  • Tenant: Raj Subramaniam - FedEx
  • Brokers: Tom Consiglio & Todd Hali - Resource Realty

FedEx has officially renewed its lease for the industrial facility. Resource Realty's Tom Consiglio and Todd Hali represented the owner, CenterPoint Properties, in this transaction.

Players

Tom Consiglio

Resource Realty

Broker

$7.5M

vol

8 deals

Broker
CenterPoint Properties
CenterPoint PropertiesLandlord

Newburgh Industrial Market Snapshot

Boundary boundary · Industrial · 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