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7208 Northwest 84th Avenue

Alex Sanchez And Dwight Angelini Of Longpoint Acquire Industrial Properties In Medley For $38.8M
SOLDIndustrial

Alex Sanchez And Dwight Angelini Of Longpoint Acquire Industrial Properties In Medley For $38.8M

7208 Northwest 84th Avenue

$38,800,000

$264/SF

Building Size

146,722 SF

Asset Type

Industrial

Closing

Jun 30, 2026

AI

The property involved in the transaction is situated at 7200-7208 NW 84 Avenue and 8203 & 8251 NW 70 Street, Medley, FL. This industrial asset has a total square footage of 146,722 and was sold for $38,800,000, resulting in a price per square foot of $264 within the Medley market.

Summary of transaction details:

The representatives involved in this transaction include Jose Sasson Lerner, Eli Sasson Bril, and Roberto Susi, all part of AXIOM Capital Advisors, representing the buyers. Ralph Merritt from Commercial Property Group served as the representative for the sellers, Martha and Ruben Artiles. These individuals facilitated the closing of this industrial transaction in Medley.

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$889.3M

vol

79 deals

Broker
Alex Sanchez

Alex Sanchez

Buyer

$43.1M

vol

2 deals

Buyer

Market 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

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93