Stonepeak Buys 1.8 MSF Logistics Portfolio
The assets are situated in one of Florida’s largest port markets. Alternative investment firm Stonepeak, specializing in infrastructure and real assets, has acquired nine logistics properties totaling 1.8 million square feet near the Port of Jacksonville in Jacksonville, Fla. In an earlier transaction this year, Stonepeak has acquired Alliance Gateway 61 and Alliance Gateway 53 […]
Redfearn Capital Secures $18.7M Acquisition Loan for Industrial Facility in South Jacksonville
JACKSONVILLE, FLA. — Redfearn Capital has secured an $18.7 million acquisition loan for a 363,000-square-foot industrial facility located at 12751 Gran Bay Parkway in south Jacksonville. South Point Capital Management provided the loan. Redfearn Capital acquired the property from Brookfield for $27.2 million. The property was fully leased at the time of financing to Saddle Creek […]
Alex Redfearn Of Redfearn Capital Purchases Industrial Asset From Eckstein Properties For $30.6M
Florida Central Parkway | Industrial | 196,412 SF The property at 975-1175 Florida Central Parkway, located in Longwood, is an industrial asset featuring a total square footage of 196,412. The sale price for this property was set at $30,600,000, which translates to a price per square foot of $155. Property Type: IndustrialTransaction Amount: $30,600,000Square Footage: […]
Adapting to Change: How E-Commerce and Population Growth are Shaping Industrial Real Estate Strategies
With the Southeast’s rapid population growth, the industrial real estate market continues to surge. According to one source by the Federal Reserve Bank of Atlanta , for instance, their reports find that the Southeast between 2019 and 2022 alone “more than doubled the differential in growth rates of population between the Southeast and the nation […]
TCA Logistics leases 33,000-square-foot warehouse in South Jacksonville
The New York company specializes in shipping exercise and fitness equipment. TCA Logistics, which specializes in shipping exercise and fitness equipment, will open a regional warehouse Nov. 1 in South Jacksonville, according to an Oct. 8 news release. The 33,000-square-foot warehouse is at 5885 Mining Terrace, west of the intersection of Philips Highway and Interstate […]
TCA Logistics to lease Jacksonville industrial space
A Texas-based logistics company will distribute fitness equipment out of a warehouse on theSouthside of Jacksonville. TCA Logistics signed a five-year lease with Redfearn Capital, a private equity commercial realestate firm that bought eight warehouses across the Westside and Southside submarkets earlier this year. The logistics company will occupy one of those eight properties in […]
Longwood industrial site sells for $31 million, buyer plans renovations
A South Florida firm bought a suite of industrial parcels in Longwood for $30.6 million, or $155.79 per square foot. Delray Beach-based Redfearn Capital purchased the 18-acre property at 975-1175 Florida Central Parkway from New York-based Eckstein Properties in a deal that closed Sept. 18. The property last traded hands in 2004 for $9.7 million. […]
Two industrial properties sell for combined $85.2 million
Two warehouse properties in Osceola and Seminole Counties recently traded hands in separate transactions that combined for a price tag of $85.2 million. The 280,800-square-foot Osceola Logistics Center at 1750 Industrial Ln. in Kissimmee sold for $54.6 million, while a three-building, 196,142-square-foot industrial center at 975-1175 Florida Central Parkway in Longwood traded in a $30.6 […]
South Jacksonville warehouse sold for $27.18 million
Original article on Jacksonville Daily Record The Saddle Creek Logistics Services warehouse at 12751 Gran Bay Parkway W. in South Jacksonville sold Aug. 15 for $27.18 million. The buyer was AG-RC III Gran Bay Owner L.L.C., according to the Duval County Clerk of Courts. In a Aug. 20 news release, Delray Beach-based private equity commercial […]
Redfearn Capital Teams Up With TPG Angelo Gordon To Boost Logistics Portfolio in Florida
Article originally posted on costar.com Brookfield Properties Sells Jacksonville Warehouse Just Over a Month After Acquiring It Redfearn Capital, a private equity commercial real estate firm based in Delray Beach, Florida, is pleased to announce its recent acquisition of a fully leased warehouse in Jacksonville, Florida. This acquisition was made possible through a strategic partnership […]