Flagler Station Industrial Portfolio Trades for $340M

AEW Capital Management LP, a leading real estate investment advisor, has acquired the 4.2 million-square-foot, 33-property Flagler Station industrial park in Miami and Medley, FL from Flagler, Florida’s largest full-service commercial real estate firm, for approximately $ 340 million; a price that equates to roughly $ 81 per square foot. AEW took ownership with its first open-end core real estate fund, AEW Core Property Trust (US).

Flagler Station…
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