Development notes: J&J lands $5.9M permit to install equipment; Amazon adding conveyor supports

City is reviewing civil site plans for Park Place office building at Nocatee; Colliers brokers deals


Johnson & Johnson Vision at 7500 Centurion Parkway.
Johnson & Johnson Vision at 7500 Centurion Parkway.
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Johnson & Johnson Vision will install manufacturing equipment at a job cost of $5.86 million at 7500 Centurion Parkway.

The city approved two permits for Turner Construction Co. to facilitate installation of manufacturing equipment at a cost of $2.34 million and to put new equipment into existing space at a cost of $3.52 million.

One of the permits explains the equipment is for the company’s Phase 7, Line 61.

Johnson & Johnson Vision makes the Acuvue brand of disposable contact lenses. It has about 1,800 employees in Jacksonville and intends to add space and employees. 

Johnson & Johnson Vision, known well by its former name, Vistakon, developed the manufacturing, distribution and research and development campus on about 69 acres.

Development notes:

Amazon.com applied to the city for a permit to install conveyor supports at its 12900 Pecan Park Road fulfillment center at a $1.33 million job cost.

Becknell Services LLC seeks a permit to build the foundation for its speculative warehouse planned at 12075 Pritchard Road in Westlake Industrial Park. The city also is reviewing a permit application for the proposed 185,696-square-foot speculative building at a job cost of $7 million.

• The city is reviewing civil site plans for Park Place, a four-story, 125,000-square-foot office building on 10.51 acres in Nocatee. VanTrust Real Estate LLC, through VTC Jacksonville Office Park Development LLC, is the developer. England-Thims & Miller Inc. is the civil engineer. VanTrust says construction should start in the first quarter.  It is the first building toward an eventual 675,000-square-foot, 60-acre business park.

Colliers International Northeast Florida announced that Douglas Blair, Morgan Williams and Bradley Coe, directors of multifamily investment services, brokered the $2.75 million sale of a 16.75-acre vacant site along Gate Parkway West from Gate Parkway Holdings LLC to Becovic Management Group for development of a 230-unit apartment community. 

Colliers also announced that Coe, Williams and Blair brokered the $10.75 million sale of the 194-unit Avalon Hill apartments at 7557 Arlington Expressway from Oreo Asset Holdings LLLP to Jax Avalon LLC. 

• And Colliers also said representatives Eric Bumgarner and Joseph Turri represented Southeast Utilities of Georgia in the purchase of a 17,900-square-foot industrial building on 5 acres at 402 Ellis Road S. for $1.475 million. Colliers associate Jonathan Scott represented the seller, SSI Lubricants LLC. Southeast Utilities will use the space for expansion of its telecommunications operation.

Transwestern Managing Director John Bell represented the seller, Bluerock Real Estate LLC, in its $29.55 million sale of the Summit at Southpoint to Rose & Berg Realty Group. The four-building property totals 260,664 square feet on 24.3 acres at 6410-6440 Southpoint Parkway. It was 82 percent occupied at the time of the sale. “The market has transitioned into a key investment market on the buy list of savvy investors,” Bell said in an emailed statement. He said he expects increased valuations for Jacksonville office properties. “There is insufficient supply of product to meet intense investor demand.”

 

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