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Longpoint Buys Miami-Dade Warehouse Portfolio for $195M

Longpoint Partners has dropped $195 million on a 10-building industrial portfolio in Miami-Dade County, the Boston-based private equity firm announced.  The portfolio, composed of small-bay properties

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Summary

Longpoint Partners has dropped $195 million on a 10-building industrial portfolio in Miami-Dade County, the Boston-based private equity firm announced.

The portfolio, composed of small-bay properties, spans 729,901 square feet across 41 acres.

The buildings average about 73,000 square feet with clear heights ranging from 17 to 25 feet. They’re 90 percent leased to 74 […]

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