Longpoint Secures $108M for Industrial Portfolio Buy

January 20, 2026

Finance Dallas Industrial Investment More Miami National News San Francisco

PGIM lined up the financing for the four properties.

Longpoint Partners has received $108 million in acquisition financing for a four-building industrial portfolio, comprising assets in Fremont, Calif.; Irving, Texas; Doral, Fla.; and Medley, Fla. Cushman & Wakefield arranged the financing, provided by PGIM.

Longpoint Partners’ recently acquired Tree Garden Business Park in Doral, Fla., near Miami International Airport. *Image courtesy of Cushman & Wakefield*

The portfolio totals more than 760,000 square feet, and the properties are a mix of light industrial, distribution and manufacturing facilities, reportedly in some of the nation’s most supply-constrained logistics markets.

As a group, the properties benefit from strong tenant rosters, diversified lease structures and proximity to major distribution hubs, including DFW International Airport and Miami International Airport, and key freight networks serving Northern California, according to Cushman & Wakefield.

A Boston-based Cushman & Wakefield Equity, Debt & Structured Finance team of Vice Chairs Rob Borden and Heather Brown and Capital Markets Analysts Nolan Alexander and Rehan Munsiff advised Longpoint on the transaction.

Borden said in a prepared remarks that this financing reflects the competitive environment for well-located industrial assets across the U.S., particularly those with strong tenancy and clear rental upside across multiple infill markets.

Similarly, Michelle Liu, executive director for PGIM’s real estate business, noted that the portfolio aligns with the firm’s core-plus investment strategy, offering well-located, functional industrial assets in supply-constrained logistics markets with durable tenant demand.

Cushman & Wakefield was unable to provide additional information about the transaction, requested by Commercial Property Executive.

Two sides, both alike in dignity

The other side of Longpoint’s business, i.e., not industrial, but retail properties, got some exercise in the year just past. In May, the company purchased Grand Covina Plaza, a 111,975-square-foot, grocery-anchored retail center in Covina, Calif., in Greater Los Angeles. The seller was a private family partnership, which was represented by JLL Capital Markets in the $25 million deal.

And in November, Longpoint acquired another California retail asset. This time it was Five Points Plaza, a 129,699-square-foot center in Riverside, purchased for $31 million from McKelvey Construction, which appears to have been the property’s owner since its 1986 completion. Again, JLL Capital Markets arranged the deal.