T
A Realty purchased the Ironwood Commerce Center in Opa-locka for $160 million, making it the third largest industrial deal in South Florida this year. The complex consists of four one-story buildings on a 28.3-acre site and is home to tenants such as Deep Impact Custom Boats, Noamex, and California Closets. Link Logistics, the seller, has been involved in several major industrial deals in the region, including the sale of a portfolio of 10 industrial sites for $331.3 million and five warehouses in Sunrise for $205.5 million. TA Realty, with over $18.3 billion in assets under management, invests in various asset classes and has made significant industrial purchases in South Florida, including a 1-million-square-foot industrial park in Medley. The industrial market in South Florida has been thriving due to high demand and limited developable land.