Dwight Angelini Of Longpoint Partners Acquires Industrial Property In Tolleson For $36.05M

The property involved in this transaction is a fully leased industrial asset located at 130 South 83rd Avenue, Tolleson, AZ. This property spans 222,398 square feet and was sold for a transaction amount of $36,050,000, resulting in a price per square foot of $162.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $36,050,000
• Address: 130 South 83rd Avenue
• Market: Tolleson, AZ
• Square Footage: 222,398
• Price Per Square Foot: $162
• Buyer: Dwight Angelini - Longpoint Partners
• Brokers: Jack Stamets, Madeline Warren, Michael Matchett, Molly Hunt & Will Strong - Cushman & Wakefield

Longpoint Partners acquired the property with DHL Supply Chain as the tenant, indicating a secured leasing situation. The end client for the logistics operations is Bose, highlighting the operational ties of the asset.