South Florida Warehouse Sells In $55M Deal, More Than Doubles Value In 4 Years

Dalfen Industrial sold an industrial building in South Florida for $55 million — more than double what the Texas-based investor paid in 2020, property records show.

The buyer is LBA Realty, an investor based in Irvine, Calif.

The 236,554-square-foot building sits on 16 acres at 3774 Interstate Park Road North in Riviera Beach, facing Interstate 95 between West Blue Heron Boulevard and MLK Jr.  Boulevard.

 

Source:  Commercial Observer