Blackstone Sells Fort Lauderdale Industrial Campus for $57M
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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On the RET wire
- Disclosed industrial deal value tracked in October 2026: $563.1M across 8 reported transactions. All Industrial coverage →
- 56 stories mentioning Blackstone on the wire in the past 90 days. Blackstone coverage →
Computed from Real Estate Trail’s own tracked coverage
Blackstone ’s industrial arm has sold an industrial campus in Fort Lauderdale, Fla., for $57 million. Industrial investor BKM Capital Partners and Boca Raton-based Kayne Anderson Real Estate purchased the seven-buildi…
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