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Dalfen Adds 419K-SF Broward County Industrial Portfolio to Warehouse Holdings
Dalfen Industrial acquired a nine-building industrial portfolio totaling 419,253 square feet in Broward County. Blackstone and Link Logistics sold the warehouses to Dalfen for $99.6 million.
Acquired at 55% replacement cost, the Broward Logistics Portfolio is currently 83% leased to nine tenants, including FedEx, Event Service Group Real Estate, Chromalloy Material Solutions, LLC, and Commercial Distribution Specialists, Inc. The portfolio features buildings ranging from 10,000 to 68,500 square feet, offering flexibility for a wide range of industrial users.
Positioned with direct access to Interstate 95 and the Florida Turnpike, the portfolio benefits from close proximity to Port Everglades and Fort Lauderdale-Hollywood International Airportand offers strong connectivity for logistics, distribution, and trade-related users throughout South Florida. The surrounding area is home to major operators including Home Depot and Walmart.
With this acquisition, Dalfen Industrial now owns and operates 11 million square feet of industrial real estate across the Southeastern United States, advancing the firm’s strategy
- ◦Sale/Acquisition