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:
- Property Type: Industrial
- Transaction Amount: $38,500,000
- Buyer: East Capital Partners
- Seller: USA Construction
- Brokers: Jason Lundy, Nick Stefans & Jose Cruz - JLL
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
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