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Reactivated POWC Barge Terminal Sold to CenterPoint

News, Real Estate | June 01, 2013

In 2009, Keating Resources, with offices in Naples, Florida, Atkinson, Nebraska, and Geneva, Illinois, reactivated the POWC barge terminal. The barge terminal’s main functions were to load and unload over 800,000 tons of salt, aggregates and grain to and from barges for distribution throughout multiple Illinois markets, including Chicago. Then, in June of 2013, POWC sold the barge terminal to CenterPoint Properties.

Keating Resources is owned and operated by Gerard Keating, who is a Nebraska native.

Keating Resources, with offices in Florida and Nebraska, invests in value add real estate, logistics, agriculture and energy assets.