Media Contact

Gina Saenz

Marketing Director

630-586-8024

gsaenz@centerpoint.com

Posted By Staff Writers On March 10, 2020 @ 12:55 pm


OAK BROOK, IL – CenterPoint Properties is proud to announce the acquisition of a 17.14-acre land site in the Miami-Dade County submarket. Located at 3200 NW 67th Avenue in Miami, Florida, this site is currently 100% leased to a leading e-commerce retailer.

Located in the highly coveted “Airport West” submarket of Miami-Dade County, the property is directly adjacent to Miami International Airport (MIA) with easy access to major thoroughfares including the Palmetto Expressway, the Dolphin Expressway and I-95.  With convenient access to the Port of Miami and major population centers, the site also provides extensive parking capacity, which is a unique feature for the submarket.

“As high throughput and e-commerce tenants continue to expand their network, ancillary parking lots in infill markets will become a necessity in the last-mile supply chain,” said Evan Lippow, Vice President of Investments at CenterPoint.

CenterPoint has continued to strengthen its presence in the South Florida market, investing approximately $400 million across 9 transactions since 2017. The CenterPoint portfolio in South Florida now totals 3.3 million square-feet on 205 acres in Broward and Miami-Dade Counties.

“We remain committed to investing in the South Florida industrial market and are excited to add this parking asset to our portfolio.  Long-term we believe this site also has great development potential for transloading or cross-dock tenants given its premier location,” said PJ Charlton, Senior Vice President of Investments at CenterPoint.

For CenterPoint Investments, Development and Asset Management opportunities in the Eastern Region, please contact:

INVESTMENTS

PJ Charlton

Senior Vice President

(484) 432-0239

pjcharlton@centerpoint.com

Evan Lippow

Vice President

(201) 221-1913

elippow@centerpoint.com

DEVELOPMENT

Ronel Borner

Senior Vice President

(201) 221-1904

rborner@centerpoint.com

ASSET MANAGEMENT

David Nenner

Senior Vice President

(201) 221-1918

dnenner@centerpoint.com

About CenterPoint Properties
CenterPoint is an industrial real estate company made up of dedicated thinkers, innovators and leaders with the creativity and know-how to tackle the industry’s toughest challenges. And it’s those kinds of problems—the delicate, the complex, the seemingly-impossible—that we relish most. Because with an agile team, substantial access to capital and industry-leading expertise, those are exactly the kinds of problems we’re built to solve. For more information on CenterPoint Properties, visit centerpoint.com, follow @CenterPointProp on Twitter or engage with us on LinkedIn.