Updated Sep 18, 2025
Vinita Gupta Of Lupin Research Inc. Acquires Industrial Facility In Coral Springs For $14.6M From Mitsuya Kishida
12095 Northwest 39th Street
$14,600,000
$234/SF
Building Size
62,396 SF
Asset Type
Industrial
Closing
Sep 17, 2025
About this deal
AI
A 62,396-square-foot industrial facility located at 12095 Northwest 39th Street in Coral Springs has been sold for $14.6 million. The transaction was executed in the Coral Springs market at a price per square foot of $234.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14,600,000
- Buyer: Vinita Gupta - Lupin Research Inc.
- Seller: Mitsuya Kishida - Nidec Motor Corporation
- Square Footage: 62,396
- Price per Square Foot: $234
- Date: 09/17/2025
Vinita Gupta, representing Lupin Research Inc., acquired the facility from Mitsuya Kishida of Nidec Motor Corporation. This purchase marks an expansion of Lupin's operations in South Florida, where it currently has an inhalation research center and a corporate office.
Players
Coral Springs 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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93