THURSDAY January 21, 2021
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Daily Record JACKSONVILLE
COMMERCIAL REAL ESTATE ISSUE
Amazon.com appears to be planning 12th area site
Daily Record MULTIFAMILY’S BIG YEAR JACKSONVILLE
Plans indicate a delivery station near The Avenues.
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JACKSONVILLE
EDITOR
Dhaval Patel, Brian Moulder and Bobby Gatling are the multifamily team at Walker & Dunlop.
JACKSONVILLE
Photo by Katie Garwood
T
BY KAREN BRUNE MATHIS
he COVID-19 pandemic didn’t slow down the 2020 multifamily apartment market in Northeast Florida, with the team at Walker & Dunlop closing on 14 deals after Thanksgiving and landing five of the top 10 commercial sales of the year.
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INSIDE: MORE COMMERCIAL REAL ESTATE Newmark Knight Frank brokers close on nearly $600 million in sales.
The top 10 sales of 2020 in commercial real estate in Northeast Florida.
CBRE beats 2019 in multifamily sales, says market is “at fever pitch.”
The top commercial sales in the fourth quarter in Northeast Florida.
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It appears the area’s 12th Northeast Florida Amazon.com facility is planned at the former Harte Hanks marketing facility in South Jacksonville near The Avenues mall. The city is reviewing civil engineering plans for an almost 132,000-square-foot warehouse space at 7498 Fullerton St. in Gran Park at the Avenues for DJX7, which matches the code names for Amazon’s facilities. The size and description of the project indicate it is an Amazon delivery station, which would join five more open or in review for Jacksonville and St. Johns County for use by the Seattlebased online retailer. The DJX designation is Amazon’s code for a Jacksonville delivery station, where packages are sent for the final leg of distribution to customers. Finlayson Logistics Assets LLC of New York and Gran Park Properties LLC of Jacksonville are listed as the developers on the construction plans for the 7498 Fullerton St. project. Plans say the project is a single phase on 18.3 acres within an industrial distribution/warehouse park near Southside Boulevard and Deercreek Club Road. The project calls for reworking some of the existing pavement around the building, constructing a parking lot on the parcels to the north and creating ramps for vehicles to enter the building. Amazon’s delivery stations are designed for vans to drive into the buildings for loading.
KMATHIS@JAXDAILYRECORD.COM (904) 356-2466
THE MATHIS REPORT
Pennsylvania firm wants to buy more area properties Restaurant Notes: Chick-fil-A, Blue Boy & more. PAGE 3 VOLUME 108, NO. 46 • TWO SECTIONS