Dalfen notches 30% gain in South Florida industrial sale as market rebounds
Dalfen Industrial cashed out of a Palm Beach County warehouse complex for $79.6 million, marking a 31.4 percent gain from its 2021 price as the market rebounds. An entity tied to Dallas-based Dalfen Industrial and Goldman Sachs sold the Turnpike Logistics Center at 1673 and 1715 Meathe Drive in an unincorporated area of the county to Boston-based Cabot, according to records and real estate database Vizzda. The price amounts to roughly $251 per square foot. Dalfen paid $60.6 million, or about $191 per square foot, for the complex in 2021, when it was just completed. Billionaire developer and investor Jeff […]This article originally appeared on The Real Deal. Click here to read the full story.
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