The structure is still under construction and is expected to be completed next month.
Kansas City-based VanTrust Real Estate sold its Imeson Park Building B for $50,832,000 to a group controlled by David Miller, CEO of Hawksbay LLC.
The 552,720-square-foot building is under construction at 10501 Cold Storage Road in North Jacksonville. It is expected to be completed next month.
It is part of the 156-acre master-planned industrial business park.
Guy and Seda Preston of Colliers International represented the buyer in the transaction.
LaRose Industries LLC leases 315,000 square feet in the building and 236,000 square feet is available for lease.
It sits on 27.14 acres near an Amazon fulfillment center.
It is being constructed at a cost of $16.2 million, according to permits issued for the project in February.
The Conlan Co. is the contractor for Building B.
The structure will feature parking for 82 trailers and 204 autos.
The building will have 62 dock doors and two drive-in ramps on one side of the building and 55 dock doors and two drive-in ramps on the opposite side.
Macgregor Associates Architects of Atlanta is the architect. Jacksonville-based England-Thims & Miller Inc. is the civil engineer.
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!