Centerline Utilities, Inc. Purchases Warehouse Space in Palm City

Stuart, FL, March 31, 2012 --(PR.com)-- 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.

About NAI Southcoast:
NAI Southcoast is the oldest Commercial and Industrial Realtor in the Stuart and Treasure Coast marketplace. As such, it is uniquely qualified to maximize the marketing of quality commercial, industrial and investment properties.

For more information about NAI Southcoast, please visit www.naisouthcoast.com.

NAI Global is the world's leading managed network of 5,000 professionals, 325 offices in 55 countries. Since 1978, our clients have built their businesses on the power of our expanding network. NAI Global’s extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naiglobal.com.