Updated Aug 13, 2026
Arthur P. (Tim) Brazy Jr. Of Landmark Dividend Acquires Industrial Data Center In Jacksonville For $8.1M
7025 A. C. Skinner Parkway
$8,100,000
$245/SF
Building Size
32,946 SF
Asset Type
Industrial
Closing
Aug 10, 2026
About this deal
AI
The transaction involves an industrial asset located at 7025 A. C. Skinner Parkway in Jacksonville, FL. The property spans 32,946 square feet and was purchased for $8,100,000, translating to a price per square foot of $246. This sale represents a notable decrease from the previous transaction of $10.5 million in 2022 involving the same property, which is leased to T-Mobile.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,100,000
- Buyer: Arthur P. (Tim) Brazy Jr. - Landmark Dividend
- Seller: Matthew Botein - Gallatin Point Capital
- Square Footage: 32,946
- Price per Square Foot: $246
In this transaction, Arthur P. (Tim) Brazy Jr. represented Landmark Dividend, while Matthew Botein acted on behalf of Gallatin Point Capital. This acquisition enhances Landmark’s portfolio focused on digital infrastructure within Florida.
Players
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
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93