Private Investor Acquires Office Building for $2.4 Million – CoStar Group

Private Investor Acquires Property for $2.4 Million – CoStar Group.

From CoStar:
A private investor acquired the office building at 7791 Belfort Parkway in Jacksonville, FL for $2.35 million, or about $143 per square foot.

The 16,436-square foot office building was built in 2002 on 4.71 acres. The property is fully leased to a single tenant, Pinnacle Insurance and Financial Services.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on June 3, 2014, in Office, Single Tenant Net Leased (STNL), Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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