The Prudential Insurance Company of America has sold 701 San Marco, a trophy office tower totaling approximately 700,000 square feet in the Southbank district of downtown Jacksonville, Fla.
Bradford Allen Investment Advisors acquired the asset for an undisclosed sales price.
“This is our second major acquisition in Jacksonville and as opportunistic investors, 701 San Marco presents us a great opportunity—through targeted capital investments and innovative thinking—to reinvigorate and reimagine such an iconic and visually striking property,” said Jeffrey Bernstein, principal and co-founder of Bradford Allen. “This acquisition brings our Jacksonville footprint to just over one million square feet and represents our faith in the continued resurgence of the Southbank.”
701 San Marco consists of a seven-story west wing and a 19-story east wing connected by a pedestrian walkway over San Marco Blvd. The property offers a variety of amenities, including 13 c
