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Hartz Mountain Industries Snags 1M-SF Jacksonville Industrial Portfolio
Private commercial real estate owner Hartz Mountain Industries has acquired a five-building, 1.4 million-square-foot industrial portfolio in Jacksonville. The sales price was not disclosed.
Strategically located in both the Westside and Southside, two of the city’s highest-growth industrial submarkets, the portfolio’s in-fill locations offer convenient accessibility to major transportation arteries and proximity to the CSX Intermodal Rail Yard. The properties are also a short drive to the Jacksonville International Airport to facilitate easy access to all of Jacksonville.
Mike Davis, Rick Brugge, Rick Colon, Dominic Montazemi, Zach Eicholtz and Chloe Strada of Cushman & Wakefield represented the undisclosed seller in the transaction. In addition, Tyler Newman and Jacob Horsley of Cushman & Wakefield have been tapped to lease the portfolio.
- ◦Sale/Acquisition