Winslow Township – Industrial Development Project

Winslow Township – Industrial Development Project

1. Key Assumptions Site area: 10.21 Acres Total building: Scenario A – 60,000 SF warehouse + office Scenario B – 90,000 SF (60,000 + 30,000 SF expansion) Construction (hard cost): 120 $/SF (shell + sitework) Land price: $895,000 Soft costs (design, engineering, permits): 7% of hard cost Contingency: 5% of hard cost Developer fee: 5% of hard cost Carry (taxes, insurance during dev.): $150,000 Legal / transactional / travel: $200,000 Financing & interest / fees: 4% of total before financing All numbers are rounded.