Updated Jul 13, 2026
Jamie Dimon Of J.P. Morgan Investment Management Acquires Industrial Property In Deerfield Beach For $65M
333 Southwest 12th Avenue
$65,000,000
$169/SF
Building Size
383,124 SF
Asset Type
Industrial
Closing
Jul 10, 2026
About this deal
AI
An industrial property located at 333 Southwest 12th Avenue in Deerfield Beach, FL has been sold for $65 million. The property spans a total of 383,124 square feet, which translates to a price per square foot of $170. It is currently leased to Sun-Sentinel Media Group and has more than doubled in value since its previous acquisition in 2016 for $25.5 million.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $65,000,000
- Address: 333 Southwest 12th Avenue, Deerfield Beach, FL
- Square Footage: 383,124
- Price Per Square Foot: $170
- Buyer: Jamie Dimon - J.P. Morgan Investment Management
- Seller: Luke Petherbridge - Link Logistics & Stephen A. Schwarzman - Blackstone
The transaction reflects the ongoing interest and demand for industrial assets in South Florida. Luke Petherbridge represented Link Logistics in this transaction, while Jamie Dimon represented J.P. Morgan Investment Management.
On the Map
$65,000,000
$169/SF
Industrial
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Chaptico Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93