Colliers Brokers Sale Of 45,800 Square Foot Office Building In Warren, New Jersey
45 Technology Drive
Building Size
45,800 SF
Asset Type
Office
Closing
May 19, 2026
AI
The property involved in the transaction is an office building located at 45 Technology Drive in Warren, NJ. The building encompasses a total square footage of 45,800 and was vacant at the time of sale.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 45 Technology Drive
- Market: Warren, NJ
- Asset Size: 45,800 SF
Colliers represented both the buyer and seller in this transaction. The involved brokers are Jacklene Chesler, Patrick Norris, and Brittany Leventoff, with both counterparties remaining undisclosed.
Players
Tariff Office Market Snapshot
Boundary boundary · Office · Sale 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