242% Return on Investment with StarPoint’s Full Cycle Investment in OZ

StarPoint Properties recently closed the $49.5-million sale of 6th Street Point, a new 179,000-square-foot industrial property located on a 9.8-acre site at 24712 6th St. in San Bernardino to a global institutional real estate firm. The Opportunity Zone (OZ) project marks Starpoint’s first OZ sale and one of the few full cycle OZ sales in the marketplace to date with an impressive 242% return on investment (ROI). This follows their acquisition of land for $6.5 million back in 2020 and is made possible by their Prime and Prime OZ Program which allows them to maximize returns within three years instead of ten as most other investments are planned for hold duration wise; thus allowing them to roll these funds into multiple other investments that will continue yielding high returns for investors alike going forward .