The Jacksonville Industrial Portfolio consists of eight industrial properties totaling 382,000 square feet located in infill submarkets of Jacksonville, FL. The Portfolio is 100% occupied by a diversified rent roll of 21 tenants with an average tenure of 11 years. The properties are functional infill warehouses with 22’ average clear heights, large truck courts, combination dock-high & grade-level loading, and convenient access to major transportation infrastructure. The Portfolio was acquired in a joint venture with Somerset Properties, an active investor in the Jacksonville market with a strong track record of repositioning properties.
