Capital & Deals / South Florida
BKM Capital Partners and Kayne Anderson pay $57M, about $271 per SF, for Blackstone's 210,000 SF Stirling Road small-bay park near I-95 in Fort Lauderdale.
10.05.26 · 2 min read
Every story on The American Developer that names Link Logistics, 4 and counting.
BKM Capital Partners and Kayne Anderson pay $57M, about $271 per SF, for Blackstone's 210,000 SF Stirling Road small-bay park near I-95 in Fort Lauderdale.
Blackstone sold a 28-building, 1.9M-sf Sacramento industrial park for about $245M, a basis well under its own $169/sf print nine days earlier.
The joint venture's own release confirms the price, footprint and lender group. Our math on that release puts the basis at about $169 a square foot.
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