Levi Cohen Of Warespace Acquires 441,000 Square Foot Industrial Portfolio From Luke Petherbridge And Stephen A. Schwarzman

Warespace has acquired a five-property industrial portfolio comprising 441,000 square feet. The properties are located at 11209 Metric Boulevard, 210 East Saint Elmo Road, 6215 El Camino Real, 7321 Southwest 75th Avenue, and 4290 Brickell Street, spanning markets in Austin, TX; Miami, FL; and Carlsbad, Ontario, CA.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Buyer: Levi Cohen - Warespace
• Seller: Luke Petherbridge - Link Logistics
• Seller: Stephen A. Schwarzman - Blackstone
• Total Square Footage: 441,000
• Market: Austin, TX; Miami, FL; Carlsbad, Ontario, CA

Levi Cohen leads Warespace in this significant acquisition, marking its largest deal to date and its first portfolio-level purchase. Luke Petherbridge represents Link Logistics and Stephen A. Schwarzman represents Blackstone in this transaction. Warespace has plans to convert the acquired properties into approximately 500 micro-bay warehouse units aimed at small businesses, supporting its expansion efforts following a recent $700 million capital raise.