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I 76 Hwy Burbank, Oh 44214

Stonemont Financial Group Leases 450112 Square Foot Industrial Facility To B’Laster Holdings
LEASEDIndustrial

Stonemont Financial Group Leases 450112 Square Foot Industrial Facility To B’Laster Holdings

Building Size

450,112 SF

Asset Type

Industrial

Closing

Nov 13, 2025

AI

The industrial asset involved in this transaction is Westfield Commerce Park, located in Westfield Township, OH. The facility has a total square footage of 450,112 and features characteristics such as 36-foot clear height, cross-dock configuration, 500 parking spaces, and 130 trailer stalls. Stonemont Financial Group is the landlord of this newly built property, completed in June 2023.

Summary of transaction details:

This lease transaction showcases Stonemont Financial Group's strategy in fully leasing the Westfield Commerce Park. JLL represented Stonemont in this lease agreement, facilitating the deal between the landlord and tenant, B’Laster Holdings.

Players

Joseph Messina

JLL

Broker

$559.5M

vol

16 deals

Broker
JLL
JLLBrokerage
Stonemont Financial Group
Stonemont Financial GroupLandlord

Market 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