BKM Capital Partners Buys Palm Crossing South (61,135 SF) in Miami

Announced Sep 9, 2026 · Source: BKM Capital Partners

Source: BKM Capital PartnersRead the full report at BKM Capital Partners ↗

Deal details

Buyer
BKM Capital Partners and German American Realty GmbH
Seller
Seagis Property Group
Price
$14M
Size
61,135 SF
Price per SF
$229 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
Fort Lauderdale / Broward County
Metro
Miami (South Florida)
Announced date
Sep 9, 2026

Summary

BKM Capital Partners and German American Realty GmbH, a Cologne-based investment and fund manager, acquired Palm Crossing South in Fort Lauderdale, Florida, for $14 million. Seagis Property Group was the seller. The two-building, 61,135-square-foot property at 3350 NW 53rd Street was built in 1986, has 14 units averaging approximately 4,400 square feet and is 79% occupied.

Summarized from the article; the quoted lines below are from the article itself.

Source: BKM Capital Partners

Read the full report at BKM Capital Partners. What the article says:

  • Deal / Price / Buyer
    Fort Lauderdale, FL — September 9, 2026 — BKM Capital Partners, a leading institutional fund manager and operator focused exclusively on small- and mid-bay light industrial properties across the United States, and German American Realty GmbH, a Cologne-based investment and fund manager, have acquired Palm Crossing South in Fort Lauderdale, Florida, for $14 million.
  • Deal
    Built in 1986, Palm Crossing South includes 14 units with an average suite size of approximately 4,400 square feet.
  • Size
    Located at 3350 NW 53rd Street, the two-building, 61,135-square-foot property is 79% occupied.
  • Seller
    Seagis Property Group was the seller.

Article date: 2026-09-14T15:54:30.000Z

Quick answers

Who bought Palm Crossing South?
BKM Capital Partners bought Palm Crossing South in Fort Lauderdale / Broward County, Miami, according to BKM Capital Partners.
How much did Palm Crossing South sell for?
The reported price is $14M ($229 per SF, our calculation), per BKM Capital Partners.
How big is Palm Crossing South?
61,135 SF, as listed from the source.
When was this sale reported?
Announced Sep 9, 2026 by BKM Capital Partners.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.