Skip to main content
Jax Daily Record Thursday, Dec. 14, 201706:40 AM EST

Crowley Maritime Inc. headquarters building sold again

Property sells for $22.77 million – $2.67 million more than it went for less than 100 days ago.

Broadstone Real Estate, through Broadstone CM Florida LLC, bought the Crowley Maritime Corp. headquarters building Dec. 8 for $22.77 million, the second time the Regency-area property was sold in less than three months.

Rochester, New York-based Broadstone bought it from CH Jacksonville FL Landlord LLC, in care of SunTrust Equity Funding LLC, which paid $20.1 million for it Sept. 27.

The property sold for $2.67 million more in less than 100 days.

Crowley Regency Inc. sold the building at 9487 Regency Square Blvd. to CH Jacksonville and continues to lease it.

The five-story, 112,060-square-foot building was developed on 5.4 acres in 1984, Duval County property records show.

Crowley bought it in 1993 from Aetna Life Insurance Co. for $6 million. The property is assessed at almost $5.5 million for tax purposes, according to property records.


Be the first to know the latest breaking news and information that business leaders rely on in this fast-paced changing Northeast Florida economy. Regional business news, trends and statistics needed to grow your business. Key upcoming events you won’t want to miss and much more. Click Here to Grow your Business NOW!

Related Stories