South Florida Business Journal Prologis has bought the Cypress Pointe Distribution Center, a 153,496-square-foot industrial property at 1800 SW 13th Court in Pompano Beach, Fla., for $41.1 million, or about $267.76/sf. The San Francisco industrial REIT purchased the warehouse from an affiliate of Blackstone Group, which had developed it last year in a venture with […]

The post Prologis Pays $41.1Mln for Pompano Beach, Fla., Warehouse appeared first on Commercial Real Estate Direct.