True North Investments Buys West Side Warehouse – CoStar Group
True North Investments acquired the Laney & Duke Warehouse at 401 Ellis Rd. North in Jacksonville, FL from Laney & Duke Terminal Warehouse Co. for $2.8 million, or about $27 per square foot.
The single-story, 105,200-square-foot industrial building was built in 1974 and is located the in West Side submarket. The property was purchased as an investment sale with a single tenant, Carroll’s Tire Co, occupying 65,200 square feet of the property.