To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionGoldman Sachs, Dalfen JV acquires 10 last mile properties
Goldman Sachs Merchant Banking Division and Dalfen Industrial have purchased 10 last mile properties.
The recent acquisitions are located in Denver, West Palm Beach, Charlotte, San Antonio, and Fort Worth, bringing the partnership total to date to more than 8 million square feet of infill industrial acquisitions, of which the partnership has successfully exited 9 assets totaling 896,205 square feet.
Two of the acquisitions are located in the West Palm Beach market – a key location to service South Florida. Built in 1996, the 204,900-square-foot property, Interstate Park Logistics Center, fronts I-95 and is 100 percent occupied by its long-term tenant, Serta.
The Blue Heron Logistics Center is a 152,052-square-foot industrial facility located on Blue Heron Blvd., the major thoroughfare through West Palm Beach. It is also in close proximity to I-95, US-1, and the Florida Turnpike. The property’s largest tenant is Fedex Home Delivery.
Both properties a
