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Longpoint Realty Partners Pays $14.5 Million for La Palma Industrial

Boston Based Company Makes First Entry Into West Coast Market
The warehouse was built in 1971 on 5.7 acres in Orange County. (CoStar)
The warehouse was built in 1971 on 5.7 acres in Orange County. (CoStar)
By Mary Vinal
CoStar Research
October 20, 2020 | 6:05 P.M.

Longpoint Realty Partners acquired the industrial property at 5701 Fresca Drive in La Palma, California, for $14.51 million, or about $172 per square foot, from Greif Inc.

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