Flagler Sells Gran Park Assets

Flagler Development Co. sold another round of assets, this package including four single-story assets – two warehouses buildings and two flex buildings and a site for a future 46k SF building – all on about 50 acres at Gran Park at the Avenues on the Southside.  Exeter Property Group, a REIT out of Philadelphia, paid $14.6M for the assets, or about $45/SF.  Karen Brune Mathis of The JAX Daily Record has the announcement.

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 June 6, 2015, in JAX Daily Record, Transactions, Warehouses/Industrial and tagged , , , , . Bookmark the permalink. Leave a comment.

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