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Green Cove Springs Distribution Center LLC Acquires Industrial Property In Green Cove Springs For $40.6M

4627 JP Hall Boulevard
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This Industrial property located in FL was sold for $40,620,000 about 3 years ago. The brokers of the deal were Karl Johnston, Rick Colon, Rick Brugge, and Mike Davis

The Green Cove Springs Distribution Center LLC has acquired an industrial property located at 4627 JP Hall Blvd in Green Cove Springs. The transaction, which took place on March 23, 2021, involved Capital Solutions as the seller. The property, spanning 782,025 square feet, was sold at a price of $40,620,000, resulting in a price per square foot of $52. The transaction highlights the demand for industrial assets in the Green Cove Springs market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $40,620,000
  • Address: 4627 JP Hall Blvd
  • Market: Green Cove Springs

The sale of the industrial property was facilitated by brokers from Cushman & Wakefield, namely Mike Davis, Rick Brugge, Rick Colon, Karl Johnston, and Dominic Montazemi. Their expertise and representation played a crucial role in ensuring a successful transaction for both the buyer and seller.

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  • Location
    Calavo Growers, 4627 J P Hall Blvd, Green Cove Springs, FL, USACalavo Growers, 4627 J P Hall Blvd, Green Cove Springs, FL, USA
  • Sale Price
    $40,620,000$40,620,000
    $51 PPSF$51 PPSF
  • Area
    782,025 SF782,025 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Karl Johnston

Karl Johnston

Deals3
Sold$109.6M

Rick Brugge

Rick Brugge

Deals33
Financed$1.7B

Mike Davis

Mike Davis

Deals32
Financed$2.2B

Rick Colon

Rick Colon

Deals31
Financed$1.9B

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

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Deal Summary

SALE IMAGE: Mike Davis, Rick Brugge, Karl Johnston, Rick Colon & Dominic Montazemi DATE: 03/23/2021 ADDRESS: 4627 JP Hall Blvd MARKET: Green Cove Springs ASSET TYPE: Industrial BUYER: Green Cove Springs Distribution Center LLC SELLER: Capital Solutions BROKERS: Mike Davis, Rick Brugge, Rick Colon, Karl Johnston & Dominic Montazemi - Cushman & Wakefield PRICE: $40,620,000 SF: 782,025 ~ PPSF: $52

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4627 JP Hall Boulevard

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