Link Logistics Acquires Pompano Beach Industrial Portfolio For $163.1 Million

Blackstone’s Link Logistics has acquired a 623,256-square-foot industrial portfolio in Pompano Beach for $163.1 million, or about $262 per square foot, in a transaction that underscores the ongoing value of large-scale warehouse properties in South Florida.

The four-building portfolio is located at 2510 West Copans Road and 1901, 2001 and 2004 Northwest 25th Avenue. The properties span 37.4 acres and were developed between 2000 and 2002.

Clarion Partners sold the portfolio. Luke J. Petherbridge was identified with Link Logistics on the buyer side, while David Gilbert was associated with Clarion Partners as seller.

The sale marks a substantial increase in value from the portfolio’s previous trade in 2016, when it sold for $77.25 million. The jump in pricing reflects how investor appetite for industrial product in core South Florida markets has remained strong, particularly for institutional-scale assets with established warehouse space in sought-after infill locations.

Pompano Beach continues to attract attention from industrial investors due to its access to major transportation corridors, proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport, and position within one of South Florida’s most active logistics corridors. Larger industrial portfolios in Broward County remain especially desirable as available land becomes more limited and replacement costs continue to rise.

The transaction adds another significant industrial sale to the Pompano Beach market, where warehouse demand and long-term fundamentals have helped support pricing for quality assets.