Sources: Southbank tower to be sold within weeks

Eight Forty One last sold for $55.5 million in 2013.

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  • | 5:10 a.m. February 17, 2020
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The Eight Forty One building is anchored by One Call and Baptist Health.
The Eight Forty One building is anchored by One Call and Baptist Health.
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Eight Forty One, the Southbank office tower anchored by One Call and Baptist Health, is expected to be sold within several weeks, according to industry sources familiar with the deal who asked not to be identified.

Property records show the 22-story, almost 600,000-square-foot tower at 841 Prudential Drive was built on 6.5 acres in 1955. It is marketed as 20 stories and almost 495,000 square feet of space.

Records show a 2020 assessed value of $53.3 million.

Multiple sources say the property is under contract for a sale within weeks.

Now called Eight Forty One, the riverfront structure was built for Prudential Insurance Co.

A group led by Boca Raton-based IP Capital Partners paid $55.5 million for the property, then known as the Aetna Building, in December 2013.

IP Capital Partners founding partner Jason Isaacson declined comment Feb. 16.

The property is owned by GV-IP Jacksonville Owner LLC in care of GEM Realty Capital Inc. of Chicago. GEM is a real estate investment trust that partnered with IP Capital Partners.





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