SOLD
Longpoint Partners Acquires Broward County Industrial Portfolio For $115.6M
2100-2290 Southwest 71st Terrace, 400 Goolsby Boulevard, 1977, 1989, 1919 Northwest 19th Street, 3420-3470 Northwest 53 Street, 3560 Northwest 56th Street & 3685-3697 Northwest 15th Street
Industrial
3,630,000 SF
3,630,000 SF
Sold 142 days ago
Summary
Sale
FLORIDA
Industrial
3,630,000 sqft
A Broward County industrial portfolio has been sold to Longpoint Partners for $115.6 million. The portfolio includes nine buildings spanning nearly 605,000 square feet in Davie, Deerfield Beach, Fort Lauderdale, and Lauderhill. The purchase marks the largest industrial transaction in South Florida this year, according to CBRE.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $115,600,000
- Square Footage: 605,000
- Address: 2100-2290 Southwest 71st Terrace, 400 Goolsby Boulevard, 1977, 1989, 1919 Northwest 19th Street, 3420-3470 Northwest 53 Street, 3560 Northwest 56th Street & 3685-3697 Northwest 15th Street
- Market: Davie, Deerfield Beach, Fort Lauderdale & Lauderhill
Longpoint Partners, a Boston-based company, purchased the Broward County industrial portfolio for $115.6 million. The deal was brokered by Frank Fallon and Jose Lobon from CBRE. The seller, Seagis Property Group, was represented by John Begier. Kathy M. Mulkern, also from Longpoint Partners, represented the buyer in the transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Jose Lobon, Kathy M. Mulkern & Frank Fallon
DATE: 12/08/2023
ADDRESS: 2100-2290 Southwest 71st Terrace, 400 Goolsby Boulevard, 1977, 1989, 1919 Northwest 19th Street, 3420-3470 Northwest 53 Street, 3560 Northwest 56th Street & 3685-3697 Northwest 15th Street
MARKET: Davie, Deerfield Beach Fort Lauderdale & Lauderhill
ASSET TYPE: Industrial
BUYER: Longpoint Partners (@LongpointRealtyPartners) - Kathy M. Mulkern
SELLER: Seagis Property Group - John Begier
BROKERS: Frank Fallon & Jose Lobon - CBRE (@CBRE)
SALE PRICE: $115,600,000
SF: 605,000 ~ PPSF: $191
NOTE: Boston-based Longpoint Partners bought a Broward County industrial portfolio for $115.6 million, including nine buildings spanning nearly 605,000 square feet in Davie, Deerfield Beach, Fort Lauderdale, and Lauderhill. The acquisition, part of a larger deal involving Miami-Dade warehouses, is the largest industrial transaction in South Florida this year, according to CBRE.View on map
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Address2100-2290 Southwest 71st Terrace, 400 Goolsby Boulevard, 1977, 1989, 1919 Northwest 19th Street, 3420-3470 Northwest 53 Street, 3560 Northwest 56th Street & 3685-3697 Northwest 15th Street
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