Longpoint Partners Acquires Industrial Asset From Asahi Refining Florida For $9.495M

The industrial asset located at 12800 Northwest 38th Avenue in Opa Locka has been sold for $9,495,000. The property encompasses approximately 50,151 square feet, resulting in a price per square foot of $189.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,495,000
• Address: 12800 Northwest 38th Avenue
• Market: Opa Locka
• Buyer: Longpoint Partners
• Seller: Asahi Refining Florida
• Brokers: Pablo Vignolo & Raul Pino, Amanda J. Rubi - The Hype Real Estate Group
• Square Footage: 50,151
• Price Per Square Foot: $189

This transaction was facilitated by brokers Pablo Vignolo, Amanda J. Rubi, and Raul Pino of The Hype Real Estate Group, who represented both the buyer and seller, ensuring a smooth closing process. The team continues to actively seek industrial and retail opportunities across various states, including Florida, Georgia, North Carolina, Virginia, and northeastern states, and they are reachable for inquiries regarding similar opportunities.