After years of buyer pursuit, family sells Medley industrial portfolio for $39M 

After receiving unsolicited offers from prospective buyers for years, the Artiles family gave in and sold a four-building industrial portfolio in Medley for $38.8 million.  Ruben Artiles Jr. and Martha Artiles, through the Ruben and Neida Artiles Irrevocable Trust, sold the pair of warehouses at 7200-7208 Northwest 84th Avenue, and the two warehouses at 8203-8251 Northwest 70th Street, to Boston-based Longpoint, the brokers involved in the deal said.  Jose Sasson-Lerner and Roberto Susi of Axiom Capital Advisors represented Longpoint. Ralph Merritt of Commercial Property Group represented the seller in the off-market deal.  Interested buyers chased the sellers for four years, […]

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