Skip to main content

Seven-building portfolio in South Florida trades for $98M

Easton & Associates sold a seven-building industrial portfolio in Miami-Dade and Broward counties for $98 million.

The buy was a joint venture led by Invesco Advisors, with Easton & Associates retaining a 10 percent interest and continuing the manage and lease the properties. The deal covers a combined 675,265 square feet of space on about 54 acres.

Greenberg Traurig attorneys Rick Giusto and Danielle Gonzalez represented Invesco in the deal while Easton was represented by Donald Rosenberg of Peckar & Abramson. It included the assumption of five loans from three different lenders.

Continue Reading.