Powerline Business Park
Update
01/25/24
Investcorp Acquires South Florida Industrial Portfolio for $72.3 Million
Real estate investment firm Investcorp has acquired Powerline Business Park in Deerfield Beach, Florida for $72.3 million. Investcorp acquired the property from Stockbridge Capital. The industrial park consists of 14 small bay warehouse buildings totaling 416,936 square feet of space. The buildings were developed on a 26.4-acre site between 1983-1984. The location in an industrial area is just east of I-95.