Life of The South Building in CBD Trades at $41/SF

Profit Investments, a Maryland and GA-based investor, has purchased the Life of The South building downtown at Laura and W. Bay Streets in the heart of downtown has traded at a price of $3.0M.  It is occupied by lawyers, dentists and JPMorgan Chase has reportedly signed an LOI to open a branch there.  Roger Bull has the announcement as part of his Sunday Business Notebook in The Florida Times-Union.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on January 6, 2014, in Downtown, Office, Transactions and tagged , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: