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Longpoint Realty Acquires Miami Industrial Property For $59M

555 Northeast 185th Street & 320 Northeast 187th Street
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This Industrial property located in FL was sold for $59,000,000 over 2 years ago. The brokers of the deal were Royce Rose, Jose Lobon, Christian "Chris" Lee, and Amy Julian

An industrial property located at 555 NE 185th Street and 320 NE 187th Street in Miami has been sold for a price of $59,000,000. The property spans 304,408 square feet, resulting in a price per square foot of $194. The sale took place on 12/23/2021, with Longpoint Realty acquiring the property from Stockbridge Capital Group.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $59,000,000
  • Address: 555 NE 185th Street and 320 NE 187th Street, Miami
  • Square Footage: 304,408
  • Price per Square Foot: $194
  • Buyer: Longpoint Realty
  • Seller: Stockbridge Capital Group

The sale of this industrial property was facilitated by CBRE. Christian Lee, Jose Lobon, Amy Julian, and Royce Rose represented both the buyer, Longpoint Realty, and the seller, Stockbridge Capital Group, in this transaction.

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Deals
  • Location
    555 Northeast 185th Street, Miami, Florida 33179, United States555 Northeast 185th Street, Miami, Florida 33179, United States
  • Sale Price
    $59,000,000$59,000,000
    $193 PPSF$193 PPSF
  • Area
    304,408 SF304,408 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Royce Rose

Royce Rose

Deals10
Financed$516.4M

Jose Lobon

Jose Lobon

Deals27
Financed$1.9B

Christian "Chris" Lee

Christian "Chris" Lee

Deals23
Financed$1.5B

Amy Julian

Amy Julian

Deals11
Financed$713.4M

Agency

CBRE

CBRE

Agency
Deals4228
Volume$184.3B

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Deal Summary

SALE IMAGE: Amy Julian, Christian Lee, Jose Lobon & Royce Rose DATE: 12/23/2021 ADDRESS: 555 NE 185th Street & 320 NE 187th Street MARKET: Miami ASSET TYPE: Industrial BUYER: Longpoint Realty SELLER: Stockbridge Capital Group BROKERS: Christian Lee, Jose Lobon, Amy Julian, & Royce Rose - CBRE SALE PRICE: $59,000,000 SF: 304,408 ~ PPSF: $194

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555 Northeast 185th Street & 320 Northeast 187th Street

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