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Jax McDonald’s Distribution Center Sells for $66.9M
VanTrust Real Estate sold a recently delivered Anderson-DuBose warehouse in Jacksonville. An affiliate of US Realty Advisors paid $66.9 million for the 153,000-square-foot facility, a food-service distribution center for McDonald’s restaurants in the region. Jacksonville listed the original site-improvement cost at $60 million.
The warehouse is one of a few remaining rail-served sites located within the Norfolk Southern-owned Westlake Industrial Park in Jacksonville, Florida. The park is exclusively served by a Norfolk Southern mainline. It generates more than 160 carloads for Norfolk Southern each year.
Anderson-DuBose received public dollars to create 109 jobs with the opening of the warehouse. In 2024, the Jacksonville City Council approved a $1.5 million incentive for Anderson-DuBose to expand to Jacksonville.
Anderson-DuBose has provided paper and food supplies to more than 650 McDonald’s restaurants in Ohio, Pennsylvania, New York, West Virginia and Florida for more than 30 years.
- ◦Sale/Acquisition