Gabriel Elkaim Acquires 151,815 Square Foot Office Building In Jacksonville For $14.7M

This transaction involves the sale of an office asset located at 4500 Salisbury Road in Jacksonville, FL. The property spans 151,815 square feet and encompasses 8 acres of land. The sale was completed for a total amount of $14,700,000, resulting in a price per square foot of $97.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $14,700,000
• Address: 4500 Salisbury Road
• Market: Jacksonville, FL
• Asset Size: 151,815 SF
• Price per Square Foot: $97
• Buyer: Gabriel Elkaim
• Seller: Acorn Butler Pointe LLC
• Brokers: Daniel Burkhardt, Keith Goldfaden & Alex Caliel - NAI Hallmark
• Acres: 8

NAI Hallmark arranged the $14.7 million sale of Butler Pointe, a five-story, multi-tenant office building located in the Southpoint submarket of Jacksonville, Florida. The buyer, Gabriel Elkaim, is based in Fort Lauderdale.