Texas Investor Purchases Westside Warehouse – at $10/SF

Jensen Werley of The JAX Business Journal reports that Texas-based Covington Group purchased the former Cenveo warehouse for about $1M, or about $10/SF, and plans to renovate the building located at 5406 W 1st Street and re-lease it to a manufacturing or logistics company.

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 26, 2015, in JAX Business Journal, Transactions, Warehouses/Industrial and tagged , , . Bookmark the permalink. Leave a comment.

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