Miami-based Trusot Developments announced May 24 that it submitted civil engineering plans to the city for a proposed speculative warehouse, called Trulogics Jacksonville, in Westside.
Civil engineer BGE Inc. filed plans filed May 23 showing a proposed 177,660-square-foot warehouse on 12.12 acres at 76 Chaffee Road N., at northwest Chaffee Road and Beaver Street.
Trusot Developments said it will be its second U.S. industrial facility and its fifth project overall in Florida.
Trusot Developments is buying the property through Grupo Trusot. Duval County property records show the vacant land is owned by White House Enterprises Corp. of Jacksonville.
ARCO Design/Build’s Jacksonville office is the general contracting partner.
Trusot Developments said the Class A industrial building could be for a single tenant or multiple tenants, based on demand.
The company intends to start construction by the first quarter of 2025 and complete it in the third quarter.
Jacksonville is Trusot Developments’ second industrial project in Florida. ARCO Design/Build also is building a 200,000-square-foot speculative warehouse as the first phase of three buildings in Melbourne.
Trusot Development’s other Florida projects are multifamily developments in the Orlando area.
Victor Gonzalez, manager of Grupo Trusot, said the dynamics of the Florida market underpin the demand for industrial real estate.
Trusot Developments said it plans to grow its industrial development platform in Jacksonville and explore other opportunities in Central Florida and in the Southeast.
The company said Shaun Mayberry, Franklin Street senior director of land investment sales, and Craig Callahan, ARCO Design/Build director of business development, worked with Trusot Developments to understand the market.
Trusot Developments said it and ARCO assembled a Jacksonville-based team to provide civil engineering and other support.
Trusot Developments in Miami is the real estate development division of Guadalajara, Mexico-based Grupo Trusot.
The division focuses on buying, developing, investing and operating real estate projects in the residential, industrial, second home and multifamily sectors in the U.S., Mexico and Europe.