Ring Power Buys 21.6 Acres at Pecan Park Road for $42k/Acre, Plus HomeGoods, Baptist Health and Vistakon

Ring Power, the heavy equipment Caterpillar dealer, has bought a 21.6-acre tract adjacent to its existing operations off Pecan Park Road and I-95 which it plans for an eventual expansion, paying some $900k or $42k/acre.

Also, HomeGoods will backfill the dark Circuit City  store at OakLeaf Town Center.  A renovation buildout permit is in process for about $35/SF.

Also, Baptist Health plans to open its previously announced emergency center at St Johns Town Center by next summer and Johnson & Johnson/Vistakon is renovating and expanding again, recently pulling a $5.5M construction permit on top of the $4M waste plastic expansion facility and a $1.4M interior alteration in the works.

Karen Brune Mathis has all the details here for The JAX Daily Record.

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 July 10, 2015, in Development, JAX Daily Record, Land, Shopping Centers/Retailers and tagged , , , , , , , , . Bookmark the permalink. Leave a comment.

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