Longpoint Acquires $195 Million Miami Industrial Portfolio, Adding 730,000 Square Feet in Miami-Dade

BOSTON — Longpoint Partners has acquired a 10-building industrial portfolio in Miami-Dade County for $195 million, the firm announced Sept. 9, 2026. The portfolio spans 729,901 square feet on approximately 41.8 acres across established Miami industrial submarkets, deepening the Boston-based private equity real estate firm's presence in a market it has targeted for years.

Portfolio Details and Pricing

The 10 buildings average approximately 72,990 square feet each and were 90% occupied at the time of acquisition by 74 tenants, with an average tenant size of roughly 9,864 square feet. Longpoint paid approximately $267 per square foot for the portfolio — above the regional industrial sales average of roughly $238 per square foot, reflecting a premium consistent with small-bay infill product in supply-constrained locations.

The buildings offer clear heights ranging from 17 to 25 feet, 231 loading positions, and front and rear loading configurations. The portfolio carries a 40% floor area ratio across its roughly 41.8 acres, a characteristic Longpoint highlighted as part of the value proposition for flexible industrial users. The tenant base is diversified, with the small average bay size aligning with multi-tenant, service-oriented industrial demand typical of Miami's infill submarkets.

The portfolio's configuration — mid-bay clear heights, multi-tenant occupancy, and functional loading — positions it for a broad range of light distribution, logistics, and service-contractor users rather than large-format bulk fulfillment.

Longpoint's South Florida Strategy

Dwight Angelini, Co-Founder and Managing Partner of Longpoint, said the acquisition reflects the firm's long-running conviction in the Miami market.

"Miami has been a core market for Longpoint for years. We have invested across South Florida, built a local team and operating platform, and developed deep relationships throughout the region," Angelini said. "This acquisition reflects the conviction and discipline that have guided our work here: acquiring functional, well-located small-bay industrial assets with a diverse tenant base in locations where new supply is difficult to create. Our local presence and vertically integrated platform position us to execute the business plan and create durable value for our institutional investors."

Longpoint maintains offices in Miami and Fort Lauderdale to support local sourcing and execution. The firm has been among the more active warehouse owners in South Florida, with a track record of infill industrial acquisitions in the region that includes individual asset purchases such as an off-market deal at 5101 NW 37 Ave. in Miami for $10.65 million. The $195 million portfolio transaction represents a significant scaling of that strategy.

Founded in 2015, Longpoint is headquartered in Boston and operates 10 regional offices across the United States and two in Europe. The firm focuses on vertically integrated acquisition and operation of industrial buildings in supply-constrained submarkets, underwriting assets individually with local teams.

Miami-Dade Industrial Market Context

The acquisition arrives as Miami-Dade's industrial market stabilizes after a period of elevated supply. Vacancy in the county has been plateauing in the mid-single digits, and modern infill product continues to trade at a premium to national industrial pricing benchmarks. Better-quality assets in Miami-Dade have traded at cap rates near 5.9%, compared with 7% or higher in other Florida markets, reflecting the county's status as one of the tighter small-bay warehouse markets in the country.

Longpoint cited Miami's population growth, proximity to major consumer markets, and transportation infrastructure as factors supporting sustained demand for well-located industrial space. The firm's focus on infill locations where new supply is difficult to create aligns with the structural constraints that have kept Miami-Dade vacancy relatively low even as broader industrial markets have softened.

About Longpoint

Longpoint is a vertically integrated private equity real estate firm that acquires industrial buildings in supply-constrained U.S. and European submarkets. The firm is registered as an investment adviser with the U.S. Securities and Exchange Commission and is headquartered in Boston.

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Longpoint Partners — Longpoint Acquires $195 Million Miami Portfolio