Jacksonville, FL
CBRE Arranges Sale of 3.11 Acres in Jacksonville, FL, for Development of Self-Storage Facility
March 17, 2022
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CBRE has arranged the sale of 3.11 acres located on the northwest corner of Pecan Park Road and Interstate 95 in Jacksonville, Fla., for $925,000. The buyer plans to develop the property into a self-storage facility to serve the growing needs of the area.
CBRE’s Jess Simmons, Kale Swain and Johnny
Simmons represented the seller, Diamond Holdings, LLC.
The parcel offers 400 feet of direct frontage on Pecan Park Road and 200 feet of frontage along the highly traveled Interstate 95.
“The Pecan Park Road corridor is one of Jacksonville’s fastest growing areas in Duval County. The buyer will benefit from the area’s explosive growth, including new single-family residential communities, apartments and a planned mixed-use industrial park,” said CBRE’s Jess Simmons.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.