Stan Johnson Co. Brokers Sale of 106K-SF Industrial Facility in Jacksonville
Commercial real estate investment sales brokerage Stan Johnson Co. has arranged the sale of a 106,000-square-foot industrial facility in Jacksonville. The sales price was not disclosed.
Located at 1200 Ellis Road North, the facility is currently leased to Coleman Worldwide Moving, a full-service moving and storage business. The property also features long-term double net master leases with sublease tenants that occupy a portion of the facilities.
Jimmy Ullrich represented the seller, a private equity group based in South Florida, in the transaction. A Salt Lake City, Utah-based investor, the Ninigret Group, acquired the property.
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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