The bank and Graham Capital executed the mortgage and security agreement Aug. 18.
Synovus Bank in Columbus, Georgia, financed Graham Capital’s warehouse investment in West Jacksonville for $17.582 million, according to the mortgage recorded Sept. 3 with the Duval County Clerk of Courts.
The bank and Graham Capital executed the mortgage and security agreement Aug. 18, the same day the investor paid $24.85 million for properties in West Jacksonville totaling 375,279 square feet of space.
Graham, based in Birmingham, Alabama, bought and financed the deal through JAX Westside Partners LLC.
It paid $12.85 million for three buildings totaling 156,165 square feet at 7051 Stuart Ave. and 6982 Highway Ave. They were built between 1969 and 2016.
JAX Westside Partners paid $12 million for two properties at 1550 Ellis Road that total a little more than 219,114 square feet, with the largest built in 1974.
That purchase included 7 vacant acres along Ellis Road North.