Industrial and dev sites drive South Florida i-sales boom, but party’s over for multifamily 

Investment sales activity roared back this year across South Florida commercial property types, aside from one: multifamily.  As a whole, deal volume totaled $4.3 billion in the first quarter, a 29.9 percent increase from the same period last year, according to an Avison Young report. A total of 244 sales closed, or 10.9 percent more from the first quarter of last year.  Two asset classes drove the surge this year. Industrial recorded the highest deal volume nearing $1.3 billion, marking a 102.4 percent increase from the first quarter of last year. A total of 79 sales closed.  Blackstone’s Link Logistics […]This article originally appeared on The Real Deal. Click here to read the full story.