The new Amazon facility in review for West Jacksonville may gain a neighbor – global HVAC manufacturer Daikin.
The city is reviewing plans for Daikin to build-out 103,311 square feet of warehouse space at 7489 Commonwealth Ave., which is about half of Building 1 at Commonwealth Logistics Center.
Lay Construction of Jacksonville is shown as the contractor for the estimated $1.3 million tenant build-out for Daikin. JAA Architecture, also based in Jacksonville, is the architect.
The city also is reviewing horizontal development plans for internet retailer Amazon to open a distribution center in Building 2.
Building 1, at 230,060 square feet, is at 7489 Commonwealth Ave. It is a traditional single-load warehouse, meaning there are dock doors on one side.
Building 2, at 272,190 square feet, is at 1700 Imeson Road. It is a cross-dock center. Cross-docking is a logistics practice of unloading products from an incoming truck and immediately reloading into outbound trucks or trailers.
Daikin Industries Ltd. Is based in Osaka, Japan. Its Daikin America headquarters are in Orangeburg, New York.
The 39.13-acre Commonwealth Logistics Center is at southwest Imeson Road and Commonwealth Avenue. The site is near Interstates 10 and 295, which both connect to Interstate 95.
The property owner is AIREIT Commonwealth Logistics Center LLC of Los Angeles.
A real estate brochure says the property is owned by Ares Industrial Management and developed by InLight Real Estate Partners.
The city issued permits in October 2022 for the two shell warehouses totaling 502,250 square feet for the Commonwealth Logistics Center at a construction project cost of $26.8 million.
Counting property purchase and preparation costs, the center was an investment of more than $39 million.
The city issued permits in June 2022 for the foundations for the warehouses at a combined cost of $3.4 million. It issued a permit for site clearing and site work in May 2022 at construction cost of $4.88 million.
Ponte Vedra Beach-based developer InLight Real Estate Partners bought the Commonwealth and Imeson property in April 2022 from N.G. Wade Investment Co. for $3.95 million.
InLight Real Estate Partners later deeded the property under development to Denver investment company Ares Management Corp.
Through AIREIT Commonwealth Logistics Center LLC, Ares Management LLC paid $8.9 million for the land in June 2022.
Cushman & Wakefield Managing Directors Tyler Newman and Jacob Horsley are representing Commonwealth Logistics Center, which was scheduled for delivery for tenant build-out in the second quarter of 2023.