Bixby Land Purchases Industrial Asset In Jacksonville For $53.5M

The industrial property located at 6590-6600 Pritchard Road in Jacksonville was recently sold for $53,500,000. The asset spans 423,056 square feet, resulting in a price per square foot of $126. The sale was facilitated by JLL, with Britton Burdette, Luis Castillo, Cody Brais, and Taylor Osborne representing the seller in the transaction.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $53,500,000
• Address: 6590-6600 Pritchard Road
• Market: Jacksonville
• Buyer: Bixby Land
• Seller's Rep: Britton Burdette, Luis Castillo, Cody Brais & Taylor Osborne - JLL

The acquisition was completed by Bixby Land, marking a significant investment in the industrial market of Jacksonville. The involvement of key representatives from JLL underscores the expertise and strategic approach taken in negotiating the sale of this sizable industrial property.