Skip to main content Skip to footer

Cardinal Health plans to relocate its distribution center to Westlake Industrial Park

cardinal_health_1536x1040 Hero Image

Colliers' Guy Preston and Seda Preston represent Becknell in landlord leasing and property management

Cardinal Health intends to relocate its West Jacksonville medical products distribution center this summer from Perimeter West Industrial Park into a larger building in Westlake Industrial Park.

Corporate Communications Manager Erica Lewis said the new site will be operational in July.

The city is reviewing a permit application for Becknell Services LLC to build-out a Westlake Industrial Park warehouse for Cardinal Health at a cost of $2.3 million.

Becknell developed the 185,686-square-foot warehouse building last year at 12075 Pritchard Road in Westlake, which is in far west Jacksonville.

Cardinal Health Westlake Guy Seda Preston

(image source: Jax Daily Record)

Cardinal Health’s Northeast Florida presence includes a pharmacy operation in Southside at 4810 Executive Park Court and the 138,000-square-foot medical products and services warehouse it leases at 6595 Pritchard Road in Perimeter West Industrial Park, at northeast Pritchard Road and Interstate 295.

Colliers International Florida Executive Director Guy Preston and Senior Associate Seda Preston represent Becknell in landlord leasing and property management.

Guy Preston said CBRE Inc. Senior Vice President Terry Quarterman and Associate Ben Stewart represented Cardinal Health in the lease deal.

The permit in review comprises alterations to the existing speculative building for tenant use, including warehouse air conditioning, dock equipment and office area expansion.

The property owner is Pritchard Road Florida Becknell Investors. 

Cardinal Health, headquartered in Dublin, Ohio, says is it is a global health care services and products company serving hospitals, health systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices.

The company says Cardinal Health connects patients, providers, payers, pharmacists and manufacturers for integrated care coordination.

It has about 50,000 employees in 46 countries. It ranks among the top 25 on the Fortune 500.

In April 2018, Daniel Fogarty Jr., senior vice president of Lyons, Illinois-based Becknell Industrial, said Becknell expected to close by June 1 on the purchase of its first parcel, about 18 acres, and start construction immediately on the 186,000-square-foot spec building. 

The city issued the construction permit Nov. 13, 2018, for the structure at a cost of $7 million. Other permits that included roofing, mechanical, electrical, plumbing and other work, boosted that to $9.8 million.

The tenant permit for Cardinal Health boosts that to $12.1 million.

Westlake Industrial Park is along Pritchard Road west of I-295 and west of Westside Industrial Park.

It is anchored by Southeast Toyota Distributors LLC, BJ’s Wholesale Club and Georgia-Pacific, among other users.

Westlake Industrial Park is owned by Atlanta-based Westlake Land Management Inc., part of Atlanta-based Norfolk Southern.

 

Article source: Jacksonville Daily Record


Related Experts

Guy Preston

Executive Director

Jacksonville

As an Industrial Specialist, Guy’s role is to provide his clients with expert and comprehensive advice in Industrial Sales and Leasing; Land Sales; Industrial Investment Sales; Port Site Sales and Leasing; Site Selection and E-commerce Distribution and Fulfillment Center Occupier Services.

One of his outstanding strengths is the ability to problem-solve to propel even the most complicated deals to the finish line.

He is a member of the Colliers International Logistics and Transportation Solutions Group, a practice group dedicated to delivering focused industrial real estate advisory services to better address the global economy. Guy has earned the SIOR Designation. SIOR is a society comprised of the most capable and experienced practitioners, delivering best in class service to clients.

Guy has closed transactions over $400M and in excess of 10M SF, as well as thousands of acres of land.

After graduating from Troy University with an Accounting Degree, Guy completed a four-year tour as a Missile Launch Officer in the United States Air Force. He then began his career in commercial real estate, where he continually strives to provide client centric service.

View expert

Seda Preston

Associate Director

Jacksonville

Seda began her career as an Industrial Specialist in 2016 and has amassed an accomplished list of clients and transactions. Her expertise is in leasing and sales of industrial assets, with particular focus on Agency and Tenant representation.

Utilizing her advisory skills and strengths in persistence and organization, Seda has closed leasing transactions of over 2.5M SF and sales transactions of over $200M. She is currently representing 3.2M SF of Agency industrial distribution product in Jacksonville.

 

View expert