Longpoint Partners Acquires Miami Industrial Property In Off-Market Deal

Prominent real estate investment firm Longpoint Partners has successfully acquired a prime industrial asset in Miami. The property, located at 5101 NW 37 Ave. in Miami was sold by Pan American Papers, Inc. for $10.65 million.

The 72,866 square-foot industrial property, strategically situated in South Florida’s thriving industrial market, presents a significant opportunity for Longpoint Partners to expand its portfolio in a region that has seen substantial growth in demand for industrial real estate.

The transaction was led by Alex Sanchez, who heads the acquisitions team at Longpoint Partners. His leadership and expertise were integral to the success of this deal.

The sale was facilitated by Will Falero, SIOR, Managing Partner at Pro Industrial, who served as the broker for both the buyer and the seller. Falero’s in-depth market knowledge and strategic guidance were key in bringing the transaction to a successful close.

The Miami industrial market continues to show strong performance, driven by growing demand for distribution and logistics space. The area’s strategic proximity to major transportation hubs and its access to a robust labor pool make it a key location for industrial investment.

This transaction marks another significant milestone for Longpoint Partners, reflecting their continued commitment to investing in high-quality industrial assets in key markets across the United States.

 

 

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