Blackstone affiliate sells former Sun Sentinel printing site for $65M

by Grace McClung, Veronica Udell

A Blackstone affiliate cashed out on the former Sun Sentinel printing press site in Deerfield Beach, selling the industrial warehouse for $65 million.  An entity tied to Link Logistics and a Blackstone subsidiary sold the 383,000-square-foot property at 333 Southwest 12th Avenue to an entity tracing to J.P. Morgan Asset Management, according to property records. The deal worked out to about $170 per square foot.  The 23-acre site includes one three-story building constructed in 1988. That building used to house some of the Sentinel’s offices and its printing equipment, The Real Deal previously reported.  Blackstone acquired the property as Gramercy […]

This article originally appeared on The Real Deal. Click here to read the full story.

Eric Reikenis
Eric Reikenis

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