AEW Capital Management has become a major player in South Florida’s industrial market with the acquisition of Flagler Station.
The Boston-based company bought the 4.2 million-square-foot western Miami-Dade County business park for $340 million, according to sources familiar with the transaction. Thus far, Miami-Dade County has recorded AEW’s purchase of 10 industrial buildings at the park for a total of about $164 million.
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