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HOUSTON — Chicago-based investment firm CenterPoint Investment Management has acquired two industrial buildings totaling 192,318 square feet in South Houston. The shallow-bay buildings at 11217 Telephone Road were constructed in 2024 and both offer frontage along Beltway 8 and include a 1.3-acre outdoor storage yard. The buildings, which were fully leased at the time of sale, also feature 28-foot clear heights and a combined 52 dock-high doors, four drive-in doors and 318 car parking spaces. The seller and sales price were not disclosed.