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4925 Bulls Bay Highway

Bill Huffman Of Nuveen Acquires Industrial Property In Jacksonville For $21.1M From Brennan Investment Group
SOLDIndustrial

Bill Huffman Of Nuveen Acquires Industrial Property In Jacksonville For $21.1M From Brennan Investment Group

4925 Bulls Bay Highway

$21,100,000

$107/SF

Building Size

197,164 SF

Asset Type

Industrial

Closing

Sep 5, 2025

AI

An industrial property located at 4925 Bulls Bay Highway in Jacksonville has been sold for $21.1 million. The asset encompasses 197,164 square feet and sits on 13.35 acres within Jacksonville’s Westside Industrial Park, reflecting a price per square foot of $107.

Summary of transation details:

Nuveen acquired the warehouse leased to Henry Schein, and the deal was facilitated by JLL Capital Markets, with the involvement of brokers Cody Brais, Luis Castillo, Taylor Osborne, and David Orta Jr., representing the seller during the transaction.

Players

Luis Castillo

JLL

Broker

$2.1B

vol

55 deals

Broker
William (Bill) Huffman

William Huffman

Nuveen

Buyer

$2B

vol

24 deals

Buyer

Michael Brennan

Brennan Investment Group

Seller

$744.1M

vol

14 deals

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

0.75%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93