PriceSmart Inc. has purchased a newly built piece of Flagler Station, a multiphase industrial development near Medley.

The U.S. warehouse chain is a leading operator of membership warehouse clubs in Central America and the Caribbean, and is a long-time tenant at the 1,000-acre corporate park. PriceSmart has expanded from an initial 70,000 square feet to over 400,000 square feet today at Flagler Station, where the company has operated for more than a decade.