CenterPoint Properties Acquires 1.4M-SF Industrial Facility in Miami

CenterPoint Characteristic Gets 1.4M-SF Industrial Center in Miami

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CenterPoint Quality has gotten two built-to-suit industrial centers in Miami’s Countyline Corporate Park. With each other, the facilities amount to 1.4 million square feet. The seller was not divulged.

The 2 buildings include 34-foot clear elevations, above-market door matters and ESFR sprinkler systems. The homes are additionally located on 49 as well as 24-acre lots as well as provide auto parking for almost 600 trailers. The 2 centers are currently rented lengthy term to a prominent national merchant.

“We enjoyed the possibility to acquire all new, core product in the Miami market. These are several of the most recent and also largest buildings in the marketplace as well as are leased on a long-lasting basis,” claimed PJ Charlton, elderly vice president of financial investments at CenterPoint. “These Class A structures are additionally two of the finest in all of South Florida with whatever a contemporary merchant needs to distribute products efficiently and will certainly be a support for our expanding South Florida profile.”

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