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Boston Investor Buys LA Industrial Park as Logistics Demand Surges

Longpoint Realty Partners Spends $80 Million on Van Nuys Campus
Longpoint Realty Partners bought the roughly 12-acre Van Nuys Industrial Park in April, according to CoStar data. (Gene Inserto/CoStar)
Longpoint Realty Partners bought the roughly 12-acre Van Nuys Industrial Park in April, according to CoStar data. (Gene Inserto/CoStar)
CoStar News
May 2, 2022 | 11:08 P.M.

A Boston real estate investor purchased a logistics property in a desirable Los Angeles neighborhood for what may be the highest price paid for an industrial property in the region thus far this year.

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