Blackstone's Link Logistics Expands Industrial Portfolio in Pompano Beach

Blackstone's Link Logistics Expands Industrial Portfolio in Pompano Beach

Marta Fernandez
2 min read

Blackstone's Link Logistics has recently bolstered its industrial presence in Pompano Beach by purchasing a manufacturing and distribution facility for $20.7 million. The 93,873-square-foot warehouse, situated at 3141 Southwest 10th Street, was procured from an affiliate of Elion Partners, a Miami-based organization. Currently, the facility is leased to The Shade Store, a prominent manufacturer of window treatments. This acquisition is part of Link's broader strategy, which also includes the procurement of a distribution center in Pompano Beach occupied by Whole Foods and an industrial campus in Deerfield Beach for $162 million. Moreover, Blackstone and Link are actively engaged in developing warehouses, exemplified by their recent $51 million construction loan for a project in Medley. Notably, the acquisition spree also extends to South Florida's hospitality sector, with Blackstone acquiring the W Fort Lauderdale for $97.7 million.

Key Takeaways

  • Blackstone’s Link Logistics expands Pompano Beach industrial portfolio with a $20.7 million acquisition.
  • The acquired 93,873-square-foot warehouse is leased to The Shade Store, a window treatments manufacturer.
  • Elion Partners sold the property, which they purchased for $11.6 million in 2020.
  • Link retained Cushman & Wakefield for leasing efforts, while The Shade Store's lease details remain undisclosed.
  • Blackstone and Link have been active in South Florida, acquiring and developing multiple industrial sites.


Blackstone's Link Logistics is reinforcing its presence in South Florida by acquiring a manufacturing and distribution facility in Pompano Beach at a price of $20.7 million. This purchase aligns with the growing trend of expansion in the industrial real estate sector, driven by the rising demand in e-commerce activities. The presence of The Shade Store as a tenant ensures a stable lease, and the sale by Elion Partners showcases a profitable return on their 2020 investment. Furthermore, the involvement of Cushman & Wakefield denotes ongoing leasing activities. Looking ahead, Blackstone and Link are expected to sustain their growth trajectory, potentially sparking a wave of development and investments in the region's industrial landscape. This surge could have far-reaching impacts on local economies, job markets, and infrastructure, while also serving as an impetus for other investors to follow suit.

Did You Know?

  • Link Logistics: Link Logistics, a subsidiary of Blackstone, specializes in the acquisition, development, and management of industrial real estate, particularly focusing on logistics and distribution facilities. The company boasts a portfolio of over 3,000 properties across the United States.
  • Square Footage: This unit of measure describes the size of a building or space and is calculated by multiplying its length by its width. The acquired warehouse in this article spans 93,873 square feet.
  • Construction Loan: Blackstone and Link secured a $51 million construction loan for a warehouse project in Medley, Florida. Such loans provide funding for new construction or renovation, often featuring short terms and variable interest rates, and are typically secured by the property being developed or renovated.

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