Deerfield Corporate Park Acquired by Lincoln Logistics Fund II | Real Estate Services M&A Deal

Lincoln Logistics Fund II has completed the acquisition of Deerfield Corporate Park, a real estate services other business in Florida, for $280 million. Deerfield Corporate Park is a multi-tenant light industrial park in Deerfield Beach within the Fort Lauderdale industrial market, totaling about 252,000 square feet across four Class A buildings. The property is designed for last-mile and light industrial users with rear-load layouts, up to 26-foot clear heights, and shared truck courts, and it is about 94% leased to 20 tenants. The platform acquisition supports Lincoln Logistics Fund II acquisitions focused on enhanced-value investing, including leasing remaining vacancies, renewing leases at market rates, and selectively upgrading building systems. The private equity acquisition is part of Lincoln Property Company’s logistics expansion strategy in supply-constrained FL acquisitions, following a recent fund capital close with more than $280 million in commitments.