Florida & Gulf Coast CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
156K-SF Industrial Site in Jacksonville Part of $49M Portfolio Sale
JLL has closed on a 155,820-square-foot facility at 4345 Perimeter Industrial Parkway North in Jacksonville, FL.
The facility is part of a $49-million, two-property industrial portfolio totaling 367,820 square feet of last-mile distribution and production space. The other property is in Atlanta, GA.
JLL’s Matt Wirth, Luis Castillo, Dennis Mitchell, Britton Burdette, Jim Freeman and Cody Brais, along with Luke Pope and Brad Pope represented the seller, Rooker. Principal Real Estate Investors acquired the assets.
“This package was available to sell either separate or together, but ultimately the scale of the combined offering drew significant institutional investor interest,” said Wirth.
4345 Perimeter Industrial Parkway North is home to two tenants, Home Depot and JW Logistics. The property is accessible to a dense regional population via interstates 295, 10 and 95.
2650 Button Gwinnett Drive in Doraville, GA is a 212,000-square-foot facility with access to 1.89 million people within a 30-minute drive.
- ◦Sale/Acquisition
