Jacksonville Office Park Flips for $19.2M

Woodside Capital Partners paid $19.2 million for the Greystone at Town Center, a five-building, 212,240 square foot single-story suburban office park located at 10550 Deerwood Park Blvd. in Jacksonville, Florida. 

Jacksonville brokers Karl Johnston, Senior Director of Cushman & Wakefield’s Capital Markets Group, along with Traci Jenks, Senior Director of Cushman & Wakefield’s Office Brokerage Services Group, represented the seller in the transaction, Taurus Investment Holdings.

“This office park was developed in 1999 and is currently leased to multiple high-quality companies. It offers a quality suburban and central access location of choice and should perform well into the future for Woodside Capital Partners,” said Johnston.

Woodside Capital Partners, has been actively investing in office assets throughout the U.S. At the beginning of 2024, the firm entered the state of Arizona, paying $9.3 million for Talavi Corporate Center, a 153,332-square-foot office and medical office property in Glendale. The company now operates a portfolio of 35 office properties totaling more than 3.7 million square feet.