Blevins Capital Partners LP Purchases Industrial Property From Emerik Properties Corp For $11.45M

A 154,474-square-foot warehouse was sold at 6740 Broadway Avenue in Northwest Jacksonville, which is situated on an 11.5-acre site. The property was purchased for $11.45 million. The transaction involved a total of over 20 qualified offers, showcasing strong interest in the asset.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $11,450,000
• Sale Date: 10/22/2025
• Buyer: Blevins Capital Partners LP
• Seller: Emerik Properties Corp.
• Lender: Pinnacle Bank
• Price per Square Foot: $74

Blevins Capital Partners LP, based in Nashville, has now leased the property alongside Wilsonart. The acquisition was facilitated by a $10 million mortgage obtained through Pinnacle Bank.