Longpoint Partners Secures $108 Million Loan From PGIM For Industrial Portfolio Acquisition
Longpoint Partners Secures $108 Million Loan From PGIM For Industrial Portfolio Acquisition
Industrial Portfolio
See Similar DealsSummary
Longpoint Partners secured $108 million in acquisition financing from PGIM Real Estate to purchase a four-asset industrial portfolio totaling 760,000 square feet across Florida, California, and Texas. The portfolio includes light industrial, distribution, and manufacturing facilities located near Miami, Dallas, and San Francisco, offering strong tenant demand and exposure to supply-constrained logistics markets.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $108,000,000
- Lender: Michelle Liu - PGIM
- Landlord: Dwight Angelini - Longpoint Partners
- Brokers: Nolan Alexander, Heather Brown, Rehan Munsiff - Cushman & Wakefield
The transaction was arranged by Cushman & Wakefield, with brokers Nolan Alexander, Heather Brown, and Rehan Munsiff involved in facilitating the deal, representing the landlord, Longpoint Partners, in this acquisition financing process.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want