Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Florida & Gulf Coast  + Miami + South Florida  + Industrial  |  December 11, 2023
CBRE S. Florida group sells largest industrial of 2023
Mike Boyd
By: Mike Boyd

CBRE Arranges Florida’s Largest Industrial Sale

CBRE has arranged the sale of a 25-building industrial portfolio totaling 1,393,972 sq. ft across Miami-Dade and Broward Counties in South Florida. Longpoint Partners, a Boston-based real estate private equity firm, purchased the property from Pennsylvania-based Seagis Property Group.

A CBRE National Partners’ team led by Jose Lobon represented the seller in the transaction.

CBRE claims the transaction marks the largest industrial sale and second-largest sale for a commercial real estate property in Florida this year.

“The buyer was attracted to this portfolio because it offered rare critical mass in South Florida, one of the strongest industrial markets in the country,” said CBRE’s Lobón.

The portfolio was 97% leased by 77 tenants at the time of sale.

Read More News Stories About: CBRE
Connect

Inside The Story

Jose Lobon

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
Order Reprints