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Longpoint Buys Parsippany Industrial Building for $31.3 Million in Sale-Leaseback

Allstate Can Corp. To Remain in Property It Just Sold in New Jersey
Allstate Can Corp. will remain in the Parsippany building it just sold to Longpoint Realty Partners. (CoStar)
Allstate Can Corp. will remain in the Parsippany building it just sold to Longpoint Realty Partners. (CoStar)
CoStar News
March 29, 2022 | 1:56 P.M.

A Boston private equity firm has acquired an industrial property in Parsippany, New Jersey, for $31.3 million, with plans to lease it back to its former owner.

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