JB Capital Management Acquires Industrial Property In Northwest Jacksonville For $20.7M

An industrial property located at 4259 Perimeter Industrial Parkway W in Northwest Jacksonville has been sold for a transaction amount of $20,700,000. The property spans a total square footage of 168,000, resulting in a price per square foot of $123. The sale took place on February 27, 2023.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $20,700,000
• Address: 4259 Perimeter Industrial Parkway W
• Market: Northwest Jacksonville

The buyer of the property is JB Capital Management LLC, represented by Mary Giguere. The seller is RP Perimeter West Two LLC. The deal was facilitated by J.R. Richardson and Rich Antczak of Newmark, along with Brian Knowles of Lee & Associates. A loan for the transaction was provided by United of Omaha Life Insurance Co.