Graham Capital of Birmingham, Alabama, paid $24.85 million on Aug. 18 for warehouse properties in West Jacksonville.
The deeds were recorded Aug. 26 with the Duval County Clerk of Courts.
Through JAX Westside Partners LLC, Graham Capital paid $12.85 million for three buildings on 8 acres at 7051 Stuart Ave. and 6982 Highway Ave.
The property comprises an 82,415-square-foot warehouse built in 1969; a 50,000-square-foot center built in 2016; and a 23,750-square-foot building developed in 2008.
Graham bought the property from 7051 Stuart Avenue LLC, led by managing member Samuel Easton.
JAX Westside Partners paid $12 million for two properties at 1550 Ellis Road.
It bought a 219,114-square-foot distribution center built in 1974, and a small relocatable building, on almost 10.2 acres at 1550 Ellis Road N.
That purchase included 7 vacant acres along Ellis Road North.
Graham also bought that property from three limited liability companies led by Easton.
Easton’s LLCs are based in Jacksonville.
Graham Capital is a real estate private equity firm that says it focuses on creating attractive risk-adjusted returns for its investors through the acquisition and development of highly functional industrial assets across the Southeastern U.S.
It previously invested in Jacksonville properties.