IPS Florida LLC Acquires 101,781 SF Office In West Jacksonville From VyStar Credit Union For $12.65M

A 12-acre office property located at 4949 Blanding Blvd in West Jacksonville has been sold for a total of $12,650,000. The transaction took place on 08/02/2022. The property spans a total of 101,781 square feet, resulting in a price per square foot of $124. The seller of the property was VyStar Credit Union, while the buyer was IPS Florida LLC, represented by Collin Sewell, Layne Fisher, and Leanne Hernandez. The deal was facilitated by Chuck Diebel from Colliers, who represented the buyer.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $12,650,000
• Address: 4949 Blanding Blvd, West Jacksonville
• Market: West Jacksonville
• Acres: 12

The sale of the office property at 4949 Blanding Blvd in West Jacksonville was completed on 08/02/2022. The buyer, IPS Florida LLC, was represented in the deal by Collin Sewell, Layne Fisher, and Leanne Hernandez. On the other hand, the seller of the property was VyStar Credit Union. Chuck Diebel from Colliers acted as the broker, facilitating the transaction. The office property spans a total of 101,781 square feet, with a sale price of $12,650,000 and a price per square foot of $124.