Cecil Commerce Center Optimism On the Rise

FedEx broke ground on a 300k SF distribution facility at the Cecil Commerce Center in West JAX to replace a smaller facility at Lane Avenue in mid-2015.  The former Navy base is slowly being transformed with Hillwood Investment Properties taking the marketing lead back in 2010.  Finally, a spec building by Hillwood has begun and there is increasing optimism and momentum for the 4,500 acres of city-owned land.  And there is lots of talk of bigger users, especially users with requirements of 600k SF and more.  Nate Monroe of The Florida Times-Union has the update.

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 17, 2014, in Development, Jobs/JAX Economy, Transactions, Warehouses/Industrial and tagged , , , , , . Bookmark the permalink. Leave a comment.

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