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.

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