Leifer Properties and Endeavor Capital announced the acquisition of a 29,040-square-foot small-bay industrial asset located at 4850 Collins Road in Jacksonville, Fla. The property includes fully fenced and secured industrial outdoor storage (IOS), a highly sought-after feature among service-oriented industrial users.
The asset was acquired with in-place rents below current market levels, providing a clear path to mark-to-market through lease-up and renewals. Combined with the property’s secured IOS yard component, the partnership believes the asset is well positioned to capture sustained tenant demand and rental growth.
Jacksonville continues to benefit from strong population growth, port-driven logistics activity and a constrained pipeline of new small-bay development. Assets with integrated outdoor storage remain structurally undersupplied, supporting high occupancy and favorable leasing dynamics.
“We’re focused on assets where functionality drives deman
