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EastGroup Pays $27M For Calder Land In Miami Gardens, Plans Industrial Park

EastGroup Properties picked up 61 acres of land in Miami Gardens with plans to develop an industrial park on the site.

Records show Calder Race Course Inc., an affiliate of Churchill Downs Inc., sold land next to the Calder Casino and Race Course to EastGroup Properties for $26.5 million, which breaks down to about $434,000 per acre.

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