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Clarion Partners buys Fla. facility for $33M

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Clarion Partners buys Fla. facility for $33M

Caribbean cargo and freight shipper Tropical Shipping USA LLC sold an approximately 21-acre site in Medley, Fla., to New York-based real estate firm Clarion Partners LLC's Lit Industrial LP unit for $32.6 million, The Real Deal reported.

According to the report, the 182,000-square-foot warehouse at 9505 NW 108th Ave. last traded for approximately $3.6 million in 1999.