Keystone Property Trust acquired a 545,000-square-foot distribution center in Miramar, Fla.

The value of the transaction was approximately $26 million.

The property is located at 3701 Flamingo Road, which fronts the Florida Turnpike in Broward County.

At the time of sale, the building was 67 percent leased to two tenants under long-term lease agreements.

West Conshohocken, Pa.-based Keystone Property Trust is a fully integrated real estate investment trust operating in the eastern United States.


Send a Letter to the Editor for publication.
Send a comment or news tip to our newsroom.
Please include the headline of the story.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
We've updated our terms of use.Read them here×