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14825 International Airport...

Eric Smyth Of CIP Real Estate Acquires JAX Airport Logistics Center From Carlos C. Lopez-Cantera For $53.86M
SOLDIndustrial

Eric Smyth Of CIP Real Estate Acquires JAX Airport Logistics Center From Carlos C. Lopez-Cantera For $53.86M

14825 International Airport Boulevard

$53,860,000

$126/SF

Building Size

425,000 SF

Asset Type

Industrial

Closing

Jan 14, 2026

AI

The property asset involved in this transaction is an industrial facility located at 14825 International Airport Boulevard in Jacksonville. The sale price for this asset was $53,860,000. The facility encompasses 425,000 square feet and spans 30.18 acres, featuring a two-building warehouse completed in 2025.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $53,860,000
  • Square Footage: 425,000
  • Price Per Square Foot: $127
  • Address: 14825 International Airport Boulevard
  • Market: Jacksonville
  • Buyer: Eric Smyth - CIP Real Estate
  • Seller: Carlos C. Lopez-Cantera - Pan American Companies

In this transaction, Eric Smyth represented CIP Real Estate in acquiring the asset, while Carlos C. Lopez-Cantera represented Pan American Companies in the sale. The acquisition was facilitated by a subsidiary of Pan American Companies, ensuring a smooth transition of ownership for the JAX Airport Logistics Center.

Players

Eric Smyth

CIP Real Estate

Buyer

$1.1B

vol

6 deals

Buyer

Carlos C. Lopez-Cantera

Seller

1 deal

Seller

Jacksonville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.29%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93