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IWH Makes Second Acquisition in Jacksonville
CBRE has facilitated the purchase of a six-building industrial park in Jacksonville. IWH Capital purchased the property from GF Florida for $35 million, marking IWH Capital’s second acquisition in the market.
Kyle Fisher and Ben Stewart with CBRE Industrial & Logistics represented IWH Capital in the transaction and have been retained to market the property for lease.
IWH Capital is a family-owned real estate investment company, run by brothers Adrian and Michael Haas. The company focuses on last-mile industrial facilities and currently owns more than three million square feet of industrial assets in the Mid-Atlantic, Midwest, and Southeast.
“We are excited by this new acquisition as IWH continues to expand its footprint in Florida. Small-bay industrial assets are in limited supply, but tremendous demand. We are focused on capitalizing on this subsect of the industrial asset class that has the greatest growth trajectory,” said IWH Capital Managing Partner Michael Haas.
- ◦Sale/Acquisition