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CBRE has arranged the sale of a 1,373,710-square-foot industrial portfolio in Jacksonville, FL

CBRE Arranges Sale of Jacksonville Industrial Portfolio

CBRE has arranged the sale of a 1,373,710-square-foot industrial portfolio in Jacksonville, FL. Dallas-based Hillwood Investment Properties purchased the portfolio from Invesco Real Estate.

CBRE’s Jose Lobón, Trey Barry, and Frank Fallon, represented the seller.. The CBRE National Partners sales team was assisted by Royce Rose and Alain Bonvecchio as well as Ben Stewart, first vice president with CBRE’s Industrial Advisory and Transaction Services group in Jacksonville.

The portfolio consists of two Class-A bulk cross-dock distribution buildings in Jacksonville’s highly sought after Westside industrial submarket. At the time of sale, the portfolio was 100-percent leased to two investment-grade tenants: Unilever and Keurig Dr. Pepper.

Unilever occupies 772,210 square feet at 1200 Presidents Court. Keurig Dr. Pepper occupies 601,500 square feet at 2300 Pickettville Road. Both properties are strategically located for regional distribution via nearby access to Interstates 295, 10, and 95.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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