Magnolia Park Flex Buildings Sold to Canadian Investors

Magnolia Park, containing about 82k SF of single-story flex buildings and located off Shad Road in South JAX, sold to a Canadian investor for about $41/SF in February.  They were about 40% occupied at the time of sale.  No article.

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 March 12, 2015, in Office, sale, transaction and tagged , , , . Bookmark the permalink. Leave a comment.

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