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704 Executive Boulevard

East Capital Partners Acquires Industrial Properties From USA Construction For $38.5 Million
SOLDIndustrial

East Capital Partners Acquires Industrial Properties From USA Construction For $38.5 Million

704 Executive Boulevard, 706 Executive Boulevard, 612 Corporate Way & 614 Corporate Way

$38,500,000

$183/SF

Building Size

209,792 SF

Asset Type

Industrial

Closing

Dec 10, 2025

AI

The transaction involved an industrial property portfolio located at 704 Executive Boulevard, 706 Executive Boulevard, 612 Corporate Way, and 614 Corporate Way in Rockland County. The sale price was $38,500,000, covering a total area of 209,792 square feet, resulting in a price per square foot of $184.

Summary of transation details:

This transaction reflects the collaboration between East Capital Partners, acquiring the properties from USA Construction, with the support of brokers Jason Lundy, Nick Stefans, and Jose Cruz from JLL, facilitating the successful completion of the sale.

Players

Jose Cruz

JLL

Broker

$7.9B

vol

102 deals

Broker
JLL
JLLBrokerage

Valley Cottage 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

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93