Miami

Blackstone-Backed Giant Drops $163M On Pompano Warehouse Sprawl

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Published on March 30, 2026
Blackstone-Backed Giant Drops $163M On Pompano Warehouse SprawlSource: Google Street View

Link Logistics, the logistics landlord tied to Blackstone, is making another big bet on Broward County, agreeing to acquire a four-building industrial campus in Pompano Beach for $163.1 million. The deal drops roughly 623,000 square feet of warehouse space into Link’s South Florida portfolio near Copans Road and I‑95, and it lands at a moment when big-money players are staying active in the industrial game even as vacancies tick higher.

According to ConnectCRE, Clarion Partners sold the Pompano Center portfolio to Link Logistics for $163.1 million. The four-building assemblage totals 623,256 square feet and is centered at 2510 W. Copans Road in Pompano Beach. The sale, reported on March 30, 2026, keeps the campus in institutional hands as the asset changes from one heavyweight owner to another.

What Link Bought

The buildings sit on about 37.4 acres and were developed around 2000, so they are not shiny-and-new, but they are firmly in their income-producing prime. As ConnectCRE notes, recent tenants include Lowe’s Home Centers, Supply Side Solutions, Stoneline Group, WorldPac, American Flooring Supplies and Unique Custom Marine Vault. That tenant mix, national chains alongside regional distributors, gives Link a diversified and relatively steady rent roll to work with.

Market Context

The timing is interesting. Broward County’s industrial vacancy rate has climbed to 6.8% from 5.1% a year earlier, according to Colliers' Q4 report. That bump follows several quarters of new projects hitting the market and periods of negative absorption, a combination that has some investors rethinking how aggressively they chase lease-up and new construction while fundamentals cool off a bit.

Link Logistics' South Florida Play

Link functions as a portfolio company of Blackstone-advised investment vehicles, according to Blackstone filings with the U.S. Securities and Exchange Commission. The latest acquisition marks a sharp step up from the last trade for the assemblage, which sold for about $77.25 million in 2016, as The Real Deal reported. It also fits a broader pattern for Link in South Florida. In April 2025, the firm sold several warehouses to Ares for roughly $120.5 million, according to Bisnow, showing it is more than willing to both buy and sell in the region as pricing and demand shift.

For local landlords and tenants, the Pompano deal looks like a classic buy-and-stabilize move rather than a swing for redevelopment. Colliers suggests market fundamentals may level out as the construction pipeline thins, which could set Link up to focus on tightening vacancies, making modest capital upgrades and nudging rents higher while locking in longer-term leases.

Miami-Real Estate & Development