3M Associates LLC Acquires Office Building From Jason E. Fox For $10.55M In Jacksonville

The property asset involved in this transaction is an office situated at 6600 Corporate Center Parkway in Jacksonville, encompassing 6.89 acres. The sale price for the property was $10,550,000, with a total square footage of 88,062, resulting in a price per square foot of $120.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $10,550,000
• Address: 6600 Corporate Center Parkway
• Market: Jacksonville
• Acres: 6.89
• Buyer: 3M Associates LLC
• Seller: Jason E. Fox - W.P. Carey Inc
• Brokers: Keith Goldfaden, Daniel Burkhardt & Alex Caliel - NAI Hallmark
• SF: 88,062
• PPSF: $120

The deal was facilitated by brokers Keith Goldfaden, Daniel Burkhardt, and Alex Caliel from NAI Hallmark. The buyer, 3M Associates LLC, intends to transform the property into a private or charter school, which is contingent upon obtaining rezoning approvals.