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905 Mc Laughlin Avenue

Dwight Angelini Of Longpoint Partners Acquires Industrial Asset In San Jose For $20.25M
SOLDIndustrial

Dwight Angelini Of Longpoint Partners Acquires Industrial Asset In San Jose For $20.25M

905 Mc Laughlin Avenue

$20,250,000

$253/SF

Building Size

80,000 SF

Asset Type

Industrial

Closing

Dec 19, 2025

AI

The property involved in this transaction is an industrial asset located at 905 McLaughlin Avenue in San Jose. The warehouse spans 80,000 square feet and was sold for $20,250,000, reflecting a price per square foot of $253. This property was built in 1978 and was half-leased at the time of sale.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $20,250,000
  • Address: 905 McLaughlin Avenue
  • Market: San Jose
  • Square Footage: 80,000
  • Price Per Square Foot: $253
  • Buyer: Dwight Angelini - Longpoint Partners
  • Seller: LBA PPF Industrial McLaughlin LLC

This transaction was executed with Dwight Angelini representing Longpoint Partners as the buyer. The seller of the asset is identified as LBA PPF Industrial McLaughlin LLC. Notably, the sale price marks a significant increase from the property's previous sale price of $7.1 million in 2011, amidst a robust demand for industrial properties in Silicon Valley.

Players

Dwight Angelini

Longpoint Realty Partners

Buyer

$1.1B

vol

27 deals

Buyer

San Jose 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

0.78%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93