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Florida & Gulf Coast  + Office  |  February 24, 2020
David Cohen
By: David Cohen

Jacksonville Office Tower Trades for $67M

Miami-based Easton & Associates has brokered the $67 million sale of 841 Prudential, a 20-story office tower in Jacksonville.

Built in 1955, the 500,000-square-foot tower was the city of Jacksonville’s first skyscraper. The building underwent a $6 million renovation in 2018, and is located in the heart of a large medical campus anchored by Baptist Medical Center. At the time of sale, the property was 80% occupied by mostly professional office-use tenants.

Elliot LaBreche of Easton & Associates represented the undisclosed buyer in the transaction. CBRE advised the seller, Chicago-based GEM Realty.

Connect South Florida is coming to Key Biscayne on Feb. 26, 2020. For more information, or to register, click here.

For comments, questions or concerns, please contact David Cohen

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Inside The Story

Connect With Easton & Associates’ LaBreche

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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