The Salvation Army Of Northeast Florida Acquires Office Property In Jacksonville For $4.19M

The Salvation Army of Northeast Florida, represented by Maj. Keath Biggers, has purchased a property located at 800 West Monroe Street in the Jacksonville market. The transaction involved an office building sitting on 1.45 acres of land. The sale price for the property was $4,190,000, with a total square footage of 20,170. This amounts to a price per square foot of $208.

Summary of transation details

• Property Type: Office
• Transaction Amount: $4,190,000
• Address: 800 West Monroe Street
• Market: Jacksonville
• Acres: 1.45
• Buyer: The Salvation Army of Northeast Florida - Maj. Keath Biggers
• Seller: JWB Real Estate Capital
• Square Footage: 20,170
• Price per Square Foot: $208

The Salvation Army made this purchase in order to relocate its headquarters within six months. The new facility will offer more space and privacy for clients. Additionally, the building is conveniently situated across the street from the organization's Tower Center of Hope.