Updated Sep 19, 2025
JMDH Real Estate Of Blauvelt LLC Acquires Industrial Property At 100 Corporate Drive For $18M
100 Corporate Drive
$18,000,000
$144/SF
Building Size
125,000 SF
Asset Type
Industrial
Closing
Sep 17, 2025
About this deal
AI
The property asset involved in the transaction is an industrial facility located at 100 Corporate Drive in Blauvelt. The sale price for this 125,000-square-foot property was $18 million, equating to a price per square foot of $144.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Address: 100 Corporate Drive
- Market: Blauvelt
- Square Footage: 125,000
- Price per Square Foot: $144
- Buyer: JMDH Real Estate of Blauvelt LLC
- Seller: Onyx Equities
JMDH Real Estate of Blauvelt LLC, which is affiliated with Restaurant Depot, acquired the property from Onyx Equities in this transaction.
On the Map
$18,000,000
$144/SF
Industrial
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Players
Blauvelt Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93