Bluerock Acquires 144,701 SF Warehouse On 6.9 Acres In Jacksonville For $12.6M

New York firm Bluerock has purchased a 144,701-square-foot warehouse on 6.9 acres at 1030 Ellis Road on the Westside in Jacksonville. The property was sold for $12.6 million, resulting in a price per square foot of $87.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,600,000
• Address: 1030 Ellis Road, Jacksonville
• Market: Jacksonville
• Acres: 6.9

This acquisition by Bluerock follows their previous purchase of a 10.3-acre parcel at 2280 Lane Ave. in March for $18.1 million. Bluerock continues to expand its presence in Jacksonville with these strategic investments.