Airport Trade Center. Photo: Google
The purchase of the three-building property highlights the healthy appetite among institutional investors for South Florida industrial product.
August 23, 2019 at 09:55 AM
1 minute read
South Florida real estate reporter
Investment giant The Blackstone Group Inc. bought a big industrial property west of Miami International Airport for $56 million, highlighting the healthy appetite in the sector from institutional investors.
An affiliate of New York-based Blackstone bought the 14-acre Airport Trade Center from seller Airport Trade Center LLC on Aug. 12, according to Miami-Dade County deed records.
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