Acquiring Company
Merritt Properties
Acquired Company
Center Point Business Park
JacksonvilleReal EstateDescription
Merritt Properties has successfully acquired Center Point Business Park, marking its largest acquisition to date. This acquisition nearly doubles Merritt's local footprint in Jacksonville. The park, comprising 11 buildings, is 99% leased and supports diverse tenants. This move reflects Merritt's commitment to expanding its regional presence and operational capabilities.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Center Point Business Park?
Center Point Business Park was acquired by Merritt Properties. The deal was reported on August 30, 2026. Merritt Properties is privately held and operates in Real Estate.
When did Merritt Properties acquire Center Point Business Park?
Merritt Properties's acquisition of Center Point Business Park was reported on August 30, 2026. Merritt Properties has successfully acquired Center Point Business Park, marking its largest acquisition to date. This acquisition nearly doubles Merritt's local footprint in Jacksonville. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Center Point Business Park do?
Center Point Business Park is an 11-building light industrial park located in Jacksonville's Butler Corridor. It offers 537,800 square feet of space and is fully leased to a variety of tenants. It is privately held, and is based in Jacksonville.
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