Gramercy Property Trust sold three Jacksonville properties to Invesco Ltd. on Feb. 27 for $129.3 million.
Gramercy Property Trust, owned by Blackstone Group, is based in New York. Invesco is based in Atlanta. Its Dallas office address is on the deeds.
In Westside, Invesco paid $46.9 million for a warehouse used by FedEx at 12200 Presidents Court in Westlake Industrial Park.
Through 12200 Presidents Industrial LLC, Invesco bought the 777,210-square-foot warehouse from Gramercy Property Trust, which sold the property through DH Jacksonville LLC.
The warehouse was built in 2008 on 68.14 acres.
Also in West Jacksonville, Invesco paid $50.4 million for a 598,587-square-foot warehouse on 38.14 acres at 2300 Pickettville Road. It was built in 2009 and is used by Dr Pepper Snapple Group for a distribution center.
Gramercy sold the property through RT West Point Jax LLC. Invesco bought it through 2300 Pickettville Industrial LLC.
In North Jacksonville, Invesco, through 600 Whittaker Industrial LLC, paid $32 million for a 473,769-square-foot warehouse on 24.42 acres at 600 Whittaker Road. It was built in 1995 on 24.42 acres. Gramercy sold it through GPT Industrial Group Owner I LP.
It has been leased by GE Appliances, which is moving to a larger building.
The deeds were recorded Wednesday with the Duval County Clerk of Courts.
Invesco and Blackstone Group declined comment.
In Westside, Invesco paid $46.9 million for a warehouse used by FedEx at 12200 Presidents Court in Westlake Industrial Park.
Through 12200 Presidents Industrial LLC, Invesco bought the 777,210-square-foot warehouse from Gramercy Property Trust, which sold the property through DH Jacksonville LLC.
The warehouse was built in 2008 on 68.14 acres.
Also in West Jacksonville, Invesco paid $50.4 million for a 598,587-square-foot warehouse on 38.14 acres at 2300 Pickettville Road. It was built in 2009 and is used by Dr Pepper Snapple Group for a distribution center.
Gramercy sold the property through RT West Point Jax LLC. Invesco bought it through 2300 Pickettville Industrial LLC.
In North Jacksonville, Invesco, through 600 Whittaker Industrial LLC, paid $32 million for a 473,769-square-foot warehouse on 24.42 acres at 600 Whittaker Road. It was built in 1995 on 24.42 acres. Gramercy sold it through GPT Industrial Group Owner I LP.
It has been leased by GE Appliances, which is moving to a larger building.
The deeds were recorded Wednesday with the Duval County Clerk of Courts.