Zusha Tenenbaum Of Savlan Capital Buys Seven Jacksonville Office Buildings From TD Bank For $52M

A 71.5-acre portfolio of seven office and mixed-use buildings totaling 765,000 SF in Jacksonville's Lakeside and Flagler Center business parks was sold for $52,000,000. The properties are located at 12724, 12740, 12735, 12735, Gran Bay Parkway West, 12926 Gran Bay Parkway, 7159 Corklan Road, and 12854 Kenan Drive.

Summary of transation details:

• Property Type: Office & Mixed-use
• Transaction Amount: $52,000,000
• Market: Jacksonville
• Acres: 71.5
• SF: 765,000
• PPSF: $68
• Addresses: 12724; 12740; 12735; 12735; Gran Bay Parkway West; 12926 Gran Bay Parkway; 7159 Corklan Road; 12854 Kenan Drive
• Buyer: Zusha Tenenbaum - Savlan Capital
• Seller: TD Bank
• Brokers: Robbie McEwan & Hunter Smith - JLL
• Date: 08/11/2025
• Note: Savlan Capital bought seven office and flex buildings totaling 765K SF in Jacksonville’s Lakeside and Flagler Center business parks for $52M from TD Bank. The 57.2% occupied portfolio spans 71.5 acres and includes tenants such as Ernst & Young, Siemens Mobility, and United Healthcare.

Savlan Capital's Zusha Tenenbaum purchased the portfolio from TD Bank, with Robbie McEwan and Hunter Smith of JLL serving as brokers. The portfolio is 57.2% occupied and includes tenants such as Ernst & Young, Siemens Mobility, and United Healthcare. The deal closed on 08/11/2025.