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
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