Corebridge Gets $32M Acquisition Financing For 200K-SF Miami Warehouse
Corebridge acquired the property from Longpoint Partners for $43.5 million.
Corebridge acquired the property from Longpoint Partners for $43.5 million.
The portfolio totals 1.4 million square feet across Miami-Dade, Broward and Palm Beach counties.
Richard Henry, Mike Ryan, Brian Linnihan, and JP Cordeiro with CBRE Capital Markets’ Debt & Structured Finance represented the borrower, SJC Ventures.
Future renovations planned include further upgrades to the building lobbies, additional building amenities, a new state-of-the-art conference facility, and continued upgrades to the common areas and restrooms.
The development broke ground in January this year with an expected completion date in the first half of 2024.
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