Sterling Investors Acquires Fully Occupied Distribution Center In Jacksonville For $31.1M

Link Logistics has sold a fully occupied 260,000-square-foot distribution center located at 4150 Perimeter Industrial Parkway West in Jacksonville, Florida. The industrial property, sitting on 15.3 acres of land, was acquired by Sterling Investors for a total sale price of $31.1 million. The asset features amenities such as ESFR sprinkler systems and convenient access to major transportation routes.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $31,100,000
• Square Footage: 260,000
• Address: 4150 Perimeter Industrial Parkway West
• Market: Jacksonville

The buyer, Sterling Investors, successfully acquired the property from the seller, Link Logistics. The transaction was facilitated by the brokers Luke Pope, John Huguenard, Luis Castillo, Cody Brais, Taylor Osborne, and Wells Waller from JLL. The lender involved in the deal was Global Atlantic Financial Group.