Here are the top 10 commercial real estate sales in Northeast Florida, comprising Duval and St. Johns counties. The sales were recorded May 30-June 5, 2022.
Indianapolis-based Scannell Properties will build its 85,000-square-foot speculative Southbound Distribution Center at 2700 Powers Ave. at a cost of $5.1 million.
Jim Cooper Construction Co. Inc. is the contractor. The city issued a permit Feb. 19 for the project, which is east of St. Augustine Road and west of Philips Highway in South Jacksonville.
Scannell Properties #458 LLC bought the vacant 7.8 acres Sept. 15 for almost $1.1 million from the Charles W. Bostwick Revocable Trust.
The building will target targets tenants needing from 10,000 to 40,000 square feet of space.
Cushman & Wakefield Senior Directors Jacob Horsley and Tyler Newman and Senior Associate Taylor Calfee represent Southbound. Horsley and Newman also are the brokers for Scannell’s Freebird Commerce Center in North Jacksonville.