CIP Real Estate has acquired Imeson Commerce Center, a newly constructed 422,136-square-foot industrial distribution center in Jacksonville, Fla., for $53.75 million.
JLL advised the sellers, North Signal Capital and Fox Capital Partners, in the transaction.
Delivered in 2023, Imeson Commerce Center features 36-foot clear heights, 81 dock-high doors, 260 auto parking spaces and 180 trailer parking spaces. The class A, rear-load facility is 100 percent leased to RoadOne IntermodaLogistics, a North American intermodal trucking provider. Additionally, the property has been partially demised to provide 103,000 square feet of air-conditioned warehouse space — a unique feature for buildings in this market.
The property is strategically located at 1000 Imeson Park Boulevard within Imeson Industrial Park, Jacksonville's premier logistics hub. Situated less than 15 minutes from downtown Jacksonville, Jacksonville International Airport, JAXPORT, and major interstates In
