Blackstone Pays $195.9M for S. Florida Industrial Park

A Blackstone affiliate acquired the seven-building Prologis Gateway Center industrial park in Boynton Beach for a combined $195.9 million. The S. Florida Business Journal reports Prologis sold nearly 800,000 square feet of buildings to Blackstone. The buyer operates its national industrial portfolio through its Link Logistics affiliate. The portfolio last sold for a combined $58.48 million...