Merritt Properties Acquires Center Point Business Park, Nearly Doubles Its Jacksonville Portfolio

Acquisition Marks the Largest in Company History and the First Major Transaction Since Its Centerbridge-Led Investment

JACKSONVILLE, Fla., July 23, 2026 /PRNewswire/ -- Merritt Properties has acquired Center Point Business Park, an 11-building, 537,800-square-foot light industrial park in Jacksonville's Butler Corridor, marking the largest acquisition in the company's history. The deal nearly doubles Merritt's Jacksonville footprint and is the first major transaction announced since the company secured a $750 million investment led by Centerbridge Partners to accelerate its long-term growth strategy.