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Florida & Gulf Coast  + Industrial  | 

JLL Closes Sale of Grainger-Occupied Facility in Jacksonville

Grainger Distribution Center, a new, fully-leased, Class A, 297,000-square-foot industrial facility in Jacksonville, has traded hands. The seller was a joint venture led by TriGate Capital, LLC. The buyer of the property, within the Crossroads Distribution Center Park in Jacksonville’s Westside industrial submarket, was undisclosed.

Completed in December 2019, the facility is situated on 75 acres at 6590 Pritchard Rd. and is home to W.W. Grainger, Inc. The institutional-quality asset features 32-foot clear heights, 65 dock-high doors, two drive-in doors, ESFR fire suppression, LED high-bay lighting, deep truck court and low office finish.

JLL Capital Markets’ Britton Burdette, Pete Pittroff, Matt Wirth, Dennis Mitchell, Patrick Nally, Bret Felberg and Luke Pope handled the sale on behalf of the developer.

“This was a high-quality, functional industrial asset in one of the best locations in the Jacksonville market,” Burdette said.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition
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