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.
Wayne Ramoski, Ivanna Leitner Perez, and Skylar Stein of Cushman & Wakefield represented the landlord in the lease negotiations. Will Falero of Pro Industrial represented one tenant while Ken Morris and Sky Groden of JLL represented another.
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 the region.
Will Falero, President with Pro Industrial LLC, represented both the buyer and seller in the transaction, which closed January 10.
Berger Commercial Realty Vice President Jonathan Thiel, Senior Vice President Keith R. Graves, CCIM and Sales Associates Daniel Forman represented the landlord in executing the lease.
Casal Group represented the buyer and seller in the transaction. CLICK ON THE HEADLINE FOR MORE
The deals are representative of the strength of the South Florida industrial market. CLICK ON THE HEADLINE FOR MORE
A low supply of industrial assets under 20,000 square feet is accelerating sales activity. CLICK ON THE HEADLINE FOR MORE
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