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Equity placement arranged for class A industrial property in Jacksonville, Fla.
Transactions - NOVEMBER 8, 2024

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Equity placement arranged for class A industrial property in Jacksonville, Fla.

by Released

JLL Capital Markets announced it secured the equity placement for Building A at Park 295, a 101,138-square-foot class A industrial property in Jacksonville, Fla.

JLL worked on behalf of Hazel Street Industrial to secure the equity through Faropoint.

The project will feature four units, each about 25,000 square feet, with speculatively built out office space and project dimensions of 156-foot by 160-foot depth, catering to the high demand for light industrial space in the area. The state-of-the-art facility also features 79 auto parking spaces, 38 dock doors, two drive-in ramp doors and a 32-foot clear height.

Located at 0 Ignition Drive, Building A at Park 295 is located at the entrance of Park 295, a fully leased 1.7 million-square-foot industrial park. The property offers excellent access to the Interstate 295 Beltway and other major interstates, and is 12 miles from JaxPort's Blount Island Terminal. With its proximity to Jacksonville International Airport,

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