Large Office Park Planned for Nocatee

A 675,000 office park is being planned for the Nocatee community, which is one of the fastest growing residential communities in the US. A company called VanTrust Real Estate (Kansas based) just purchased over 71 acres of land off Nocatee Parkway for $4.5M, with plans to develop 4-6 buildings, each with 4-6 stories and between 100k SF and 150k SF each. Construction of the first building should begin this year.

This comes on the heels of another recent Nocatee office building development. In October, International Management Co. of Jacksonville broke ground on a 3-story, 62,750 SF office building, which is being heralded as the first multi-tenant office building to be built since 2009.

Roger Bull with the Florida Times Union covered the story.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on January 14, 2016, in Development, Jobs/JAX Economy, Land, Office, The Florida Times-Union and tagged , , . Bookmark the permalink. Leave a comment.

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