arts
Blackstone sells nine Broward County warehouses for $99.6 million
By Grace McClung at The Real Deal
· June 9, 2026
· 1 min read
New York investment titan Blackstone offloaded a nine-building Broward County warehouse portfolio for $99.6 million, the latest in its series of South Florida industrial deals. Along with its subsidiary Link Logistics, the investment firm sold a combined 419,300 square feet of industrial space to af
Key takeaway 6 million, the latest in its series of South Florida industrial deals.
Why this matters in The Miami
The sale of Blackstone's Broward County warehouse portfolio for $99.6 million has implications for Miami's industrial market, given the close economic ties between the two counties. As Miami-Dade County continues to experience growth in its logistics and trade sectors, the demand for warehouse space is likely to increase, driving up prices and potentially leading to more deals like this one. The significant profit made by Blackstone, which purchased one of the warehouses for $6.1 million in 2017 and sold it for $17.2 million, demonstrates the rising value of industrial properties in South Florida. This trend may lead to increased investment in Miami's industrial areas, such as the warehouses near the Port of Miami or along the Miami River, and could have a ripple effect on the local economy, including the creation of new jobs and stimulation of economic growth in neighborhoods like Little Havana and Wynwood.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: June 9, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? New York investment titan Blackstone offloaded a nine-building Broward County warehouse portfolio for $99.6 million, the latest in its series of South Florida industrial deals. Along with its subsidiary Link Logistics, the investment firm sold a combined 419,300 square feet of industrial space to af
When was this published? This article was first published on June 9, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Grace McClung at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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