Longpoint Partners Acquires Off Market Industrial Asset In South Florida
With nearly 33,000 square feet in a highly competitive submarket, the property offers Longpoint Partners a foothold in one of the region’s most sought-after industrial areas.
With nearly 33,000 square feet in a highly competitive submarket, the property offers Longpoint Partners a foothold in one of the region’s most sought-after industrial areas.
Read on for the most popular news headlines this past week on CRE-sources.
The 5,279-square-foot industrial automotive facility is situated on 0.6 acres just south of Downtown Fort Lauderdale.
Read on for the most popular news headlines this past week on CRE-sources.
The South Florida-based commercial real estate investment firm is targeting high-quality Southeast U.S. acquisitions.
The seven-building park totals 144,874 square feet.
The property, purchased for over $8.5 million, consists of two buildings totaling 35,782 square feet on 3.25 acres.
Read on for the most popular news headlines this past week on CRE-sources.
The seller executed a sale-leaseback agreement at closing, allowing the company to continue occupying the property for 30 years.
The portfolio includes 11 buildings of single-story, highly functional small-bay industrial with 150 grade-level loading doors. The portfolio, which was completely renovated in 2023, is 98% leased to a diverse array of 62 tenants.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
