Thursday, March 29, 2012

Centerline Utilities, Inc. purchases warehouse space in Palm City

Centerline Utilities, Inc., a site contractor based in Jupiter, recently purchased the 4,784-square-foot warehouse space located at 2180 SW Poma Drive in Palm City, Fla. First Citizens Bank/Ironstone Bank/Neuse, Inc. sold the property for $315,000. Boyd Bradfield, President of NAI Southcoast, brokered the sale.

Centerline Vice President Freddy Chesney said he plans to relocate corporate headquarters from Jupiter to the Palm City space to stay ahead of the market.

“Our business is site development, and we see it pushing north in the next five to 10 years,” he said.

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