Mapletree Investments buys South Florida industrial portfolio for $61.5m

2 May 2018

Mapletree Investments bought a portfolio of South Florida industrial buildings from Exeter Property Group for $61.5m. The deal includes two buildings in Boca Raton, seven in Tamarac, one in Weston and one in Pompano Beach. Exeter had originally acquired the properties in 2012 for $12.5m. Mapletree, a Singaporean investment group with more than $39.5bn in assets, also purchased seven office spaces at two different locations in Tamarac from Exeter.

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