Blackstone affiliate sells former Sun Sentinel printing site for $65M
Blackstone affiliate offloads former Sun Sentinel printing site in Deerfield Beach for $65M
A Blackstone affiliate cashed out on the former Sun Sentinel printing press site in Deerfield Beach, selling the industrial warehouse for $65 million. An entity tied to Link Logistics and a Blackstone subsidiary sold the 383,000-square-foot property at 333 Southwest 12th Avenue to an entity tracing to J.P. Morgan Asset Management, according to property records. The deal worked out to about $170 per square foot. The 23-acre site includes one three-story building constructed in 1988. That building used to house some of the Sentinel’s offices and its printing equipment, The Real Deal previously reported. Blackstone acquired the property as Gramercy […] This article originally appeared on The Real Deal. Click here to read the full story.
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