G3 Enterprises Acquires 363,000-Square-Foot Warehouse In Jacksonville For $37.3 Million

Redfearn Capital sold a 363,000-square-foot warehouse located at 12751 Gran Bay Parkway in Jacksonville, FL, to G3 Enterprises for $37.3 million. The industrial property spans 22.4 acres and was previously acquired by Redfearn Capital for $27.2 million. The asset is fully leased to Saddle Creek Logistics, which recently renewed its long-term lease after capital improvements were completed by Redfearn.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $37,300,000
• Buyer's Name: G3 Enterprises
• Seller's Name: Alex Redfearn
• Seller's Agency: Redfearn Capital
• Square Footage: 363,000
• Price Per Square Foot: $103
• Address: 12751 Gran Bay Parkway
• Market: Jacksonville, FL
• Acres: 22.4

This transaction involved key individuals and companies, with Alex Redfearn representing Redfearn Capital as the seller in the deal. The transaction reflects the strategic investment by G3 Enterprises in a fully leased industrial asset.