INDUS Realty Acquires Industrial Asset From VanTrust Real Estate For $62.85M In Jacksonville

The property involved in this transaction is located at 1511 Zoo Parkway in Jacksonville and is classified as an industrial asset. The transaction closed at a sale price of $62,850,000, encompassing a total square footage of 550,243, which translates to a price per square foot of $114.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $62,850,000
• Address: 1511 Zoo Parkway
• Market: Jacksonville
• Square Footage: 550,243
• Price Per Square Foot: $114
• Buyer: INDUS Realty
• Seller: VanTrust Real Estate
• Seller's Representatives: John Huguenard, Luis Castillo, Cody Brais & Taylor Osborne - JLL

This transaction highlights the key roles played by the individuals involved, particularly the seller's representatives from JLL, which include John Huguenard, Luis Castillo, Cody Brais, and Taylor Osborne, orchestrating the deal on behalf of VanTrust Real Estate.