BKM Capital Partners and Kayne Anderson have bought Lakeview Center, a business park in Dania Beach, for $57 million. The property was sold by Link Logistics, in a deal reported as involving Blackstone. The announced price and the identities of the buyers and seller are the principal details available about the transaction.
Key takeaways
- BKM Capital Partners and Kayne Anderson acquired Lakeview Center in Broward County.
- The business park is located in Dania Beach.
- The reported purchase price was $57 million, with Link Logistics identified as the seller.
The transaction
The acquisition puts Lakeview Center under the ownership of BKM Capital Partners and Kayne Anderson. The reported sale price is $57 million. The report identifies Link Logistics as the seller, but does not provide further details about the sale terms, financing or the timing of the transaction’s closing.
What is known about Lakeview Center
Lakeview Center is described as a business park in Dania Beach, a city in Broward County. Available transaction information does not specify the property’s size, number of buildings, tenant roster, occupancy rate or amenities. Those details would help show the park’s scale and how the buyers may plan to operate it, but were not included in the reported deal summary.
Why the sale matters
The purchase transfers a Broward County business park from Link Logistics to two real estate investors. At $57 million, the deal offers a reported benchmark for this property, but it is not enough on its own to establish broader trends in South Florida’s commercial property market. The buyers’ plans for Lakeview Center were not disclosed in the available information.
- Blackstone Link Logistics sell Lakeview Center business park in Dania Beach to BKM Capital Partners, Kayne Anderson, The Business Journals.