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CenterPoint Properties Pays $47.5 Million for Outdoor Truck Storage Facility

Drake, Relentless JV Sells Miami Industrial Site
The truck terminal is located in the north Miami Beach industrial market of South Florida. (CoStar)
The truck terminal is located in the north Miami Beach industrial market of South Florida. (CoStar)
By Alec American
May 9, 2022 | 6:21 P.M.

CenterPoint Properties, an Illinois-based industrial real estate company, acquired the former Econo Equipment building at 17707 NW Miami Court in Miami, Florida, for $47.5 million from Drake Real Estate Partners and Relentless Capital.

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News | CenterPoint Properties Pays $47.5 Million for Outdoor Truck Storage Facility