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Industrial Development Co Sells Entire Powerline Business Park in Pompano Beach

Stockbridge Capital Pays $62.3M for 443,000-SF Florida Industrial Portfolio
By Chloe Colvin
February 1, 2019 | 7:46 P.M.

Local commercial builder Industrial Development Company LLLP has sold the entire Powerline Business Park at 4100 N. Powerline Rd. in Pompano Beach, Florida, for $62.25 million, or about $140 per square foot, to Stockbridge Capital Group LLC, a San Francisco-based investment manager.

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