584 US Highway 130
An industrial property in Trenton, New Jersey. Securitized in 2 CMBS deals in 2026.
$90.0MAppraised value (latest deal)
100.0%Occupancy
$5.1MUnderwritten NOI
5.7%Implied cap rate
- Address
- 584 US Highway 130, Trenton, NJ 08620
- Property type
- Industrial · Warehouse/Distribution
- Year built
- 2017
- Size
- 347,145 SF
- Sponsor
- Industrial Logistics Properties Trust
- Loan purpose
- Refinance
- Largest tenant
- Federal Express
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK5 2026-5YR22 | 2026-05-26 | $90.0M | 100.0% | $5.1M | 5.7% | $3.4M | 49.8% | 1.93x | 424B |
| BMO 2026-5C15 | 2026-06-16 | $90.0M | 100.0% | $5.1M | 5.7% | $1.9M | 49.8% | 1.93x | 424B |
Historical NOI reported in BMO 2026-5C15
| Period ending | NOI |
|---|---|
| 9/30/2025 | $5.1M |
| 12/31/2024 | $5.1M |
| 12/31/2023 | $5.1M |
More CMBS properties in New Jersey →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.