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Bradford Allen Investment Advisors Acquires Jacksonville Office Tower
Chicago, IL-based Bradford Allen Investment Advisors has completed its acquisition of 701 San Marco, a 700,000-square-foot office tower Southbank district of downtown Jacksonville, FL.
A JLL team of Hermen Rodriguez, Robbie McEwan, Ike Ojala, Matthew McCormack and Peter Politi represented the seller, The Prudential Insurance Company of America.
701 San Marco consists of a seven-story west wing and a 19-story east wing connected by a pedestrian walkway over San Marco Blvd. The property offers 13 conference rooms, restaurant space on the ground floor, a 282-seat cafeteria and plentiful parking with 1,277 garage spaces and 945 surface spaces.
The property is currently 60% leased and anchored by credit tenants, The Prudential Insurance Company of America, Interline Brands and The Army Corp of Engineers.
701 San Marco is positioned on 14.5 acres in Jacksonville’s Southbank area and is within steps of the St. John’s Riverwalk along with the historic San Marco district’s retail and restaurant offerings.
- ◦Sale/Acquisition