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9909 Pritchard Road

Updated Oct 16, 2026

ID Logistics Leases 650,000 Square Feet At Florida Gateway Logistics Park From CT Realty
LEASEDIndustrial

ID Logistics Leases 650,000 Square Feet At Florida Gateway Logistics Park From CT Realty

9909 Pritchard Road

Building Size

650,000 SF

Asset Type

Industrial

Closing

Oct 12, 2026

About this deal

AI

The property involved in this transaction is a 650,000-square-foot industrial asset located at 9909 Pritchard Road in Jacksonville, FL. It is part of the Florida Gateway Logistics Park, specifically Building 4, and is leased by ID Logistics from CT Realty. The transaction is significant within the Jacksonville market, contributing to the Westside submarket's absorption rate. The occupancy is expected to commence in November.

Summary of transaction details:

Luke Pope of JLL represented the landlord in this leasing transaction while Michael Barker from CBRE represented ID Logistics. The lease is notable for accounting for a significant portion of the nearly 1.6 million square feet of absorption in the Westside submarket during the third quarter of 2026, highlighting the active leasing environment in the area.

On the Map

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Industrial

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Players

Luke Pope

JLL

Broker

$126.3M

vol

6 deals

Broker
CR
CT RealtyLandlord
Eric Hemar

Eric Hemar

ID Logistics

Tenant

1 deal

Tenant
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Jacksonville Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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