Longpoint Partners Leases 50,018 SF Industrial Space To Coulda Beenyou For 10 Years

The property involved in this lease transaction is an industrial asset located at 12800 Northwest 38th Avenue in the Opa Locka market. The asking rent for this asset is $15 per square foot, encompassing a total of 50,018 square feet. The lease term spans over 10 years under a NNN lease structure.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $750,270
• Landlord: Longpoint Partners
• Tenant: Coulda Beenyou
• Landlord's Representative: Raul Pino, Pablo Vignolo & Amanda J. Rubi - The Hype Real Estate Group
• Tenant's Representative: Wayne Schuchts - SRS Real Estate Partners

This deal marks a significant full-circle transaction for the team, as the asset was sold to Longpoint Partners and subsequently leased out less than a year later. The representatives from The Hype Real Estate Group are actively involved in leasing and sourcing over 1M+ square feet across South Florida and other major markets, inviting inquiries from those looking to lease properties in Miami.