Investment giant Blackstone paid a combined $45.9 million to Elion Partners for five warehouse properties in Broward County. However, a source with knowledge of the deal said the transactions included eight properties in Miami-Dade. When considering all properties in Miami-Dade and Broward counties, the total price was $93.5 million. The deal shows there remains strong demand for industrial real estate in South
The deal is indicative of the ongoing interest from institutional investors making strategic investments in industrial product, with a particular focus on South Florida. CLICK ON THE HEADLINE FOR MORE
