Averitt Express Inc. is closing in on construction of its West Jacksonville truck terminal.
D.F. Chase Inc. of Nashville is listed as the contractor for the $5 million, 56,440-square-foot terminal, comprising 51,810 square feet for the terminal dock and 4,630 square feet of business space.
The project is designed on almost 21 acres Averitt owns at 7200 Commonwealth Ave., west of Interstate 295.
Gresham, Smith and Partners is the architect and structural engineer. Prosser Inc. is the civil engineer and landscape architect.
Averitt is based in Cookeville, Tennessee. It bought the property in November from N.G. Wade Investment Co.
Previously filed plans showed a 60,400-square-foot office-warehouse and 9,200-square-foot maintenance building.
Parking details showed 80 standard spaces, four ADA spaces, 49 tractor spaces and 162 trailer spaces.
In June, the city issued a mobility fee calculation certificate for Averitt Express to develop a warehouse and package distribution center.
Spokesman Brad Brown said previously Averitt will build the facility “to be able to better provide domestic and international distribution for all of our customers across the United States.”
Brown had no updates Monday.
He said previously the center will be used for distribution of domestic freight and international cargo.
City documents show a truck terminal and cross-dock warehouse to accommodate drivers and operators in addition to warehouse and office workers.
Brown said the facility can serve tens of thousands of its customers and distributes commercial and industrial freight such as general manufacturing, retail, automotive, chemical, apparel and other types.
Averitt employs 77 people at a smaller location in Jacksonville at 723 Scotia Road and expects that number to grow significantly with the new center.
The existing location would close after Averitt takes occupancy of the new facility, which is about 2 miles west.
CBRE has arranged the sale of Bay Club Apartments, a 220-unit multifamily property at 9009 Western Lake Drive in the Deerwood area of South Jacksonville.
Resource Apartment OP III LP paid $28.3 million. CBRE’s Shelton Granade, Luke Wickham, Justin Basquill, Cliff Taylor and Joe Ayers represented the seller, an affiliate of The Milestone Group LLC.
The property features a resort-style pool area with sundeck, a clubhouse and a pet park. Each unit includes a private garage as well as its own private patio or balcony.
“Bay Club was a highly sought-after investment due in large part to the property’s upside potential and its location within Jacksonville,” said Granade, vice chairman of CBRE Capital Markets, in a news release.
“It was a very competitive bidding process, which speaks to the very high demand for value-add opportunities and to the rising appeal of the Jacksonville market,” he said.
Built in 1990, Bay Club was 96 percent occupied at the time of sale.
Ikea continues working toward its fall opening.
It applied to the city last week for a permit to install display racking for merchandising its showroom at 7801 Gate Parkway. That project carries a construction cost of $853,000.
Also, customers who buy the merchandise and take it by cart to their vehicles in the 950-space parking lot will have at least 12 return locations, according to approved permits for signs that say “Please return carts here.”
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