Evergreen Liu Acquires Industrial Property From Longpoint Partners For $14.42M In Commerce

The industrial property located at 2140 Davie Avenue in Commerce has been sold for $14,423,100. The asset encompasses a total area of 55,050 square feet, resulting in a price per square foot of $262.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $14,423,100
• Buyer: Evergreen Liu
• Seller: Longpoint Partners
• Broker: Brendan Phinny - Newmark

Brendan Phinny of Newmark represented the seller Longpoint Partners in this transaction, facilitating the exchange of the industrial asset. The completion of this sale marks a noteworthy event in the local commercial real estate market.