L'Oreal subsidiary coming to St. Pete

ST. PETERSBURG — SalonCentric Inc., a Largo-based subsidiary of L'Oreal USA that distributes professional salon products, has leased a large portion of the office space at Cardinal Point at Gateway building in St. Petersburg.

The space, which totals 52,533 square feet, will house SalonCentric's national administrative offices. SalonCentric currently operates an office and distribution center in Pinellas County.

Cardinal Point Management LLC owns the two-story building, located at 10101 Martin Luther King Jr. St. N., St. Petersburg. It acquired the 87,000-square-foot building in December 2011.