Updated Nov 9, 2026
Dwight Angelini Of Longpoint Partners Acquires 104,300 Square Foot Industrial Building In Chandler
3475 South Mcqueen Road
Building Size
104,300 SF
Asset Type
Industrial
Closing
Nov 6, 2026
About this deal
AI
Longpoint Partners acquired a 104,300-square-foot industrial building located at 3475 South McQueen Road in Chandler, Arizona. The property, classified as Class A, was completed in 2020 and was vacant at the time of the sale.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 3475 South McQueen Road
- Market: Chandler, AZ
- Asset Size: 104,300 SF
- Buyer: Dwight Angelini - Longpoint Partners
- Brokers: Phil Haenel, Will Strong, Foster Bundy & Madeline Warren - Cushman & Wakefield
Cushman & Wakefield represented Longpoint Partners in the transaction, helping facilitate the acquisition of this vacant property, which will be marketed for lease to industrial, logistics, and distribution tenants.
On the Map
Industrial
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Players
Chandler Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93