Pinpoint Commercial Real Estate announced today that it has recently closed on the purchase of property located at 450 Highway 49 South, in Richland Mississippi, and concurrently secured a new tenant on behalf of our client. The site consists of a 10,750 SF flex warehouse with a 2,500 SF two story office area as well as two warehouse areas totaling 8,250 SF. The property offers 4 oversized 14′ grade level doors, abundant parking, and more.
Pinpoint’s BB Mitchell represented the Investor/Landlord in the transactions:
“We were able to identify, contract and close on this vacant Industrial asset in less than two (2) months and received an executed 7 year lease the day of closing! Richland continues its reign as the most sought after industrial submarket in the Jackson MSA. It’s very rewarding having clients that trust your recommendations on a vacant acquisition, and then execute for them in a timely manner.”
Service Provided
With Pinpoint Commercial Real Estate investment services at your side, we advise individuals or groups looking to real estate investment by providing them with market insights & knowledge with an extensive amount of data to support each decision. Whether you’re a high net worth individual looking to diversify your portfolio or you’re an institutional investor managing other’s capital, we can simplify the process of the property management while mitigating risk. Once we understand what your investment criteria, we can look in every corner of the market to find that deal that aligns with your goals. We pride ourselves on having the competitive advantage over our competition in sourcing quality deals. For more information on the services provided on this transaction click here.