The Airport Technical Center LLC purchased the 50,400-sf AirlandIndustrial Center from Tamiami Flexspace Ltd. Sarah's Canal Co. LLCbought Flag Industrial Center, Quail Roost Warehouses and IdealCommercial Center, which total 218,765-sf, from Tamiami FlexspaceLtd. New Town Holding LLC bought the New Town Commerce Center,consisting of 291,547 sf of flex space, from New Town CommerceCenter Ltd.

In addition, Carlyle Palmetto I-IX Trusts purchased the492,906-sf Palmetto Lakes Industrial Park from Palmetto FlexSpace,Ltd and Vanderbilt Canal Co. LLC bought Vanderbilt Square, 162,219sf of industrial space, from Vanderbilt Square Associates Ltd.

Adler Group sold the properties in response to demand forcommercial real estate in South Florida as well as to support thecompany's future ventures. "I think most people see that there'sgreat demand for quality real estate, and I think most people lookat South Florida and the way it has performed, and most people'sportfolios don't have that much industrial," Adler says. Theseproperties "meet what their needs are to meet their investmentgoals."