Bradford Allen Investment Advisors Acquires Office Building In Jacksonville For $70M

The property involved in this transaction is an office asset located at 701 San Marco Blvd in Jacksonville, which encompasses a substantial area of 700,000 square feet. The transaction was executed for a total sale price of $70,000,000, resulting in a price per square foot of $100.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $70,000,000
• Address: 701 San Marco Blvd
• Market: Jacksonville
• Square Footage: 700,000
• Price Per Square Foot: $100
• Buyer: Bradford Allen Investment Advisors
• Seller: The Prudential Insurance Company of America
• Brokers: Hermen Rodriguez, Robbie McEwan, Ike Ojala, Matthew McCormack, Blake Koletic & Peter Politi - JLL

This deal was facilitated by a team of brokers representing both the buyer and the seller, highlighting their expertise in the Jacksonville market. The brokers involved in this transaction include Hermen Rodriguez, Robbie McEwan, Ike Ojala, Matthew McCormack, Blake Koletic, and Peter Politi, who are all associated with JLL.