Longpoint’s South Florida spending spree continues with $82M Doral industry portfolio buy
Longpoint picked up another batch of South Florida industrial warehouses, dropping $82 million for a Doral portfolio. The Boston-based firm, led by Dwight Angelini, bought America’s Gateway Park, a collection of six industrial buildings spanning 302,000 square feet at 8901 Northwest 20th Street, 2011 Northwest 89th Place, 8940 Northwest 24th Terrace, 8933 Northwest 23rd Street, 1400 Northwest 89th Avenue and 1401 Northwest 89th Court, a press release states. The deal breaks down to roughly $271 a square foot. A CBRE team led by José Lobón and Trey Barry represented the seller, San Francisco-based Terreno Realty, led by W. Blake Baird. […]This article originally appeared on The Real Deal. Click here to read the full story.
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