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Gators Enter the Jungle: Gainesville Welcomes Jungle Boys Cannabis Brand with Record Sale

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Gainesville, FL - March 14, 2022The Hurst Harrell Team are pleased to announce the sale of 1120 W University Ave to Jungle Boys cannabis dispensary with a $2.25 million sale. This transaction represents a record for the midtown market as the price/square foot attained was the largest for a vacant building that is set to be repurposed in this submarket.

With proximity to University of Florida campus and student apartments, Jungle Boys cannabis dispensary will be joining the midtown strip of Gainesville. Students and residents who have a medical marijuana card will have access to this Los Angeles- based cannabis brand that provides a variety of strains to assist with   medical ailments.

The subject property is located across from the Hub on Campus student apartments, with walking distance to UF, downtown Gainesville, and the Gainesville Innovation District.

This 3,725± square foot restaurant space will be renovated and designed to fit the brand’s atmosphere, while reflecting the local lifestyle of its clientele

“The midtown market of Gainesville near campus is on fire right now and we are always excited to work with owners in this submarket to bring fresh, new and innovative concepts to the area,”
- Jason Hurst, Director, Colliers.

Jungle Boys is looking to expand due to the increase in demand for medical marijuana in major college towns like Gainesville.

The Jungle Boys brand has solidified their presence in the cannabis industry as one of the leading brands to sell their products online and in-store. The dispensary offers a variety of strains and seeds in collaborations with other well-known brands.

Jason Hurst and Bennett Harrell of Colliers represented the Seller in this transaction and the sale was executed on January 31st, 2022.

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For further information, please contact:
Jason Hurst, MBA
Jason.hurst@colliers.com
352-256-6714


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Jason Hurst

Director

Gainesville

Jason Hurst is a Chicagoland native who graduated Magna Cum Laude in 2005 with a Masters of Business Administration from the School of Business & Industry at Florida A&M University with a concentration in Finance.  He has 7 years of successful experience with a variety of Fortune 100 companies such as Pfizer, Inc., JP Morgan, and State Farm Insurance.  Jason began his career as a Private Wealth analyst in Manhattan with JP Morgan Private Bank and has endeavored into both finance and sales during his corporate career.  Jason also has experience as a savvy entrepreneur as he has run three successful businesses across various industries throughout the State of Florida. Jason served for six years as a Director and Senior Vice President at Avison Young as a leading Agency Leasing broker for the Florida Retail Team. Jason had the pleasure of representing institutional clients such as Kimco Properties, Regency Centers, Site Centers, Washington Prime and several private shopping center owners throughout the state of Florida.  Personally, Jason serves on the City of Gainesville Plan Board and as an active member of ICSC and ULI North Florida Chapter, and a member of Alpha Phi Alpha Fraternity, Inc.

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Bennett Harrell

Associate

Gainesville

Born and raised in Jacksonville, Florida, Bennett moved to Gainesville, Florida where he graduated from the University of Florida with a bachelors degree in Food and Resource Economics with a specialization in business management and marketing. Upon Graduating from the University of Florida in 2017, Bennett joined a local boutique real estate firm specializing in both residential and commercial sales and leasing. Prior to joining Colliers International in 2020, Bennett was an associate with Avison Young specializing in both landlord and tenant representation for retail, office, and industrial clients.

Bennett brings to colliers both the managerial and marketing skills needed in any given real estate transaction, but also  the personal skills that are often needed to get a transaction successfully to the finish line leaving all parties involved satisfied. 

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