American Electrical Contracting Inc. purchased a warehouse and office space at 9016 Philips Highway that will become the company’s new corporate headquarters and consolidated facility.
The $3.4 million deal closed March 12. It was brokered by Jeffrey Evans at Greene Commercial Real Estate Group. The seller was MatrixOneSource, which will move to its new space before July when American Electrical will relocate.
“The new headquarters allows us to continue to grow and provides greater flexibility and space for office staff and its crews,” said David Yencarelli, chief operating officer of American Electrical Contracting, in a news release.
“This facility also provides more visibility in a prominent light industrial location and solidifies our commitment to Northeast Florida.”