Bixby Capital Management, a subsidiary of Bixby Land Co., announced the acquisition of Crossroads Buildings 100 and 200, two premier class A warehouse and distribution facilities situated in Jacksonville, Fla. Developed in 2009 and 2019 respectively, these buildings collectively span 423,056 square feet and are positioned on 95.3 acres within the thriving Jacksonville industrial market.
Both buildings feature rear-load configurations, clear heights ranging from 29 to 32 feet, ESFR sprinkler systems, and deep concrete truck courts measuring between 130 and 185 feet. Strategically located near major transportation arteries including Interstate 295 and I-10, the properties are positioned within the highly sought-after Westside submarket, enhancing logistical efficiency and connectivity for tenants.
The portfolio is currently fully leased to three high-quality tenants, underscoring the attractiveness and stability of the investment.
JLL Capital Markets Investment Sa