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

Property Image
SOLD
$12,600,000

Florida

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Industrial144,701 SF
Sold 11/02/2023
the dealdetailscomps
Property Image
SOLD

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

1030 Ellis Road North

See Similar Deals
Industrial144,701 SF
Sold 11/02/2023
the dealdetailscomps

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$87
Total Square Footage:144,701 SF
Transaction Type:Sale

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.

Players

B
Bluerock
BUYER

Details

SOLD
IMAGE: Robert Kamfar DATE: 11/02/2023 ADDRESS: 1030 Ellis Road MARKET: Jacksonville ASSET TYPE: Industrial ~ ACRES: 6.9 BUYER: Bluerock - Robert Kamfar SALE PRICE: $12,600,000 SF: 144,701 ~ PPSF: $87 NOTE: New York firm Bluerock has purchased a 144,701-square-foot warehouse on 6.9 acres at 1030 Ellis Road on the Westside for $12.6 million. This acquisition follows Bluerock's previous $18.1 million purchase of a 10.3-acre parcel at 2280 Lane Ave. in March as part of its ongoing expansion in Jacksonville.

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