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Blackstone pays $56M for Miami industrial portfolio

Blackstone Group Inc. purchased an industrial portfolio comprising three warehouses next to Miami International Airport for $56 million, or $152 per square foot, The Real Deal reported, citing records.

The properties at 3208 NW 72nd Ave. and 3108 NW 72nd Ave. total 367,848 square feet.

Airport Trade Center was the seller, the publication added.