Investment firm Stonepeak acquired nine logistics properties totaling 1.8 million square feet near the Port of Jacksonville. JLL served as Stonepeak’s financial advisor. The port has been the site of several recent transactions. In August, Redfearn Capital acquired a 363,000-square-foot…
JWB and DLP Capital have started work on Pearl Square in Jacksonville. Pearl Square is a mixed-use development that will deliver more than 1,250 new residential units; approximately 200,000 square feet of retail space; new public spaces, including widened and…
Corner Lot is ready to start taking reservations for its new 320-unit apartment development in Northside Jacksonville. The community is located at 12525 Tibbets Lane. The $75 million project is located directly across from the Amazon Fulfillment and Distribution Centers…
Gateway Jax received the go-ahead on the first of five blocks for its $419 million Pearl Street District development, which promises 1,000 residential units and thousands of square feet of retail . The city approved a permit for the first phase, called Block…
Berkadia arranged the financing of two Jacksonville apartments. The refinancing, which amounted to $73 million for both multifamily properties, was on behalf of ROI Capital. Brad Williamson, Wesley Moczul, Mitch Sinberg, Matt Robbins and Scott Wadler all had a hand…
CBRE has facilitated a $61.3 million loan for Florida Gateway Logistics Park – Building 800, a fully leased and newly built 1 million-square-foot warehouse in Jacksonville, Florida. Brian Linnihan, Mike Ryan, Richard Henry, and Taylor Crowder with CBRE Capital Markets’ Debt & Structured Finance…
Faropoint has picked up four warehouses in Northeast Jacksonville. The four warehouses in the Alta Lakes Commerce Center sold for $62 million. The seller, DRA Advisors, bought them in 2017 for a total of $30.4 million. Amazon and Sam’s Club…
A Jacksonville developer is defining its project as regenerative placemaking. The developer, Future of Cities (FoC) has received a $5.5 million incentive package and a rezoning from the city to build a 10-building innovation hub as well as an 830-unit…
Bixby Capital bought two warehouses, totaling 423,000 square feet, in Crossroads Distribution Center in Northwest Jacksonville for $53.5 million. Blackstone affiliate Link Logistics Real Estate sold the two properties. JLL represented Link Logistics. Bixby Capital Management bought the 297,000-square-foot Building…
The City of Jacksonville has approved a building permit for a $215.1 million Four Seasons Hotel & Residences on the town’s Northbank riverfront. Jacksonville Jaguars owner Shad Khan secured the permit for the 170-room hotel, including 26 residential units. The…
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