IWH Capital Acquires Industrial Property From QRST Properties In Jacksonville For $10.94M
8801 Corporate Square Court
$10,939,632
$109/SF
Building Size
100,000 SF
Asset Type
Industrial
Closing
Feb 13, 2026
AI
The property asset involved in the transaction is located at 8801 Corporate Square Court in the Jacksonville market. This industrial asset comprises 100,000 square feet and was sold for a price of $10,939,632, resulting in a price per square foot of $109.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,939,632
- Address: 8801 Corporate Square Court
- Market: Jacksonville
- Square Footage: 100,000
- Price Per Square Foot: $109
- Buyer: IWH Capital
- Seller: QRST Properties
- Brokers: Kyle Fisher & Kyle Murphy - CBRE
The individuals involved in this transaction include Kyle Fisher and Kyle Murphy, who represented the deal through CBRE. They played a significant role in facilitating the sale between the buyer, IWH Capital, and the seller, QRST Properties.
Players
Jacksonville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.45%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93