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CenterPoint Properties Picks Up Pair Of New Warehouses For $61 Million

Florida East Coast Industries (FECI) sold a pair of new warehouses at Countyline Corporate Park in Hialeah for a combined $61 million. The buyer was Oak Brook, Illinois-based CenterPoint Properties, which has acquired 10 industrial properties in South Florida since 2017.

Countyline Building 6 LLC and Countyline Building 7 LLC, both affiliates of Miami-based FECI and its Flagler Global Logistics division, sold 412,132 square feet of warehouses at 3880 and 3980 S. 104th St.

The buyer was Centerpoint Centerline LLC, part of CenterPoint Properties. They were recently completed on the 19.9-acre site just south of the Broward County line.

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