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Liberty Property Trust sells Fort Lauderdale, Fla., office complex for $6.3M

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Liberty Property Trust sells Fort Lauderdale, Fla., office complex for $6.3M

Liberty Property Trust sold a two-building office complex totaling 63,266 square feet in Fort Lauderdale, Fla., to Puerto Rico-based GDF Properties for $6.3 million in an off-market deal, The Real Deal reported.

The 5.24-acre industrial property at 5410-5430 NW 33rd Ave. is leased to two tenants, a forensic engineering firm and a digital printing company, the publication said, citing an Axiom Capital Advisors principal.

The sale is in line with Prologis' plan to dispose of $3.5 billion of Liberty's assets, as it soon acquires the company, the report said.