U.S. CenterPoint buys land in Florida, increases investment to $300 mln

01/16/2019 8:37:00 AM (GMT)

U.S. real estate investment company CenterPoint Properties has purchased an 8.4-acre land site in Florida.

With the investment, CenterPoint has infused more than $300 million in South Florida across eight deals.

The company plans to renovate the site and to market it for outdoor storage and trailer parking.

The land purchase bolsters CenterPoint’s developing presence in the South Florida market.

CenterPoint Properties

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