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9000 Southside Boulevard Bu...

Bank Of America Acquires Five Buildings And Two Parking Garages In Jacksonville For $155M
SOLDOffice

Bank Of America Acquires Five Buildings And Two Parking Garages In Jacksonville For $155M

9000 Southside Boulevard Building 200, 300, 400, 500 & 600

$155,000,000

$189/SF

Building Size

820,000 SF

Asset Type

Office

Closing

Aug 11, 2026

AI

Bank of America acquired five buildings and two parking garages totaling approximately 820,000 square feet at 9000 Southside Boulevard, Buildings 200, 300, 400, 500, and 600 in Jacksonville, FL for $155,000,000. The price per square foot is $189.

Summary of transaction details:

Bank of America will continue leasing 78,000 square feet in Building 100 from Glenfield Capital while retaining the campus as a major operations hub for over 7,100 employees.

Players

Brian Moynihan

Bank of America

Buyer

$4.2B

vol

10 deals

Buyer

Brian Harris

Ladder Capital

Seller

$271.7M

vol

3 deals

Seller

Southside Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.10%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93