Longpoint buys Passaic County warehouses for $18.5M – Robert Khodadadian

After a pair of large acquisitions in Los Angeles and South Florida, Longpoint Realty Partners is further cementing its holdings in North Jersey’s hot industrial market. The Boston-based private equity firm bought a pair of warehouses that combine for just under 100,000 square feet in Clifton, New Jersey, from Kessler-Schwartz Associates for $18.5 million, records show. Lee & Associates New Jersey’s Josh Krantz brokered the off-market deal. The three-acre site at 31 and 35 Styertowne

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Cross Post, Home Page, Industrial Real Estate, Longpoint Realty Partners, New Jersey, North Jersey, Tri-State Area The Real Deal New York Read More