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Lane Industrial Park Building 1 is fully leased

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Seal Shield will occupy almost 20,000 square feet of space.

The first 160,000-square-foot building at Lane Industrial Park is fully leased.

Cenntro Electric Group Ltd. is leasing about 100,000 square feet; Conn’s HomePlus, 20,170 square feet; Forward Air, 20,000 square feet; and now Seal Shield, at almost 20,000 square feet.

The city issued a permit Nov. 1 for Emerald C’s Development Inc. to build-out 19,882 square feet of space for Seal Shield at a cost of $511,343.

Jax Industrial One Ltd., the Coral Gables developer led by former Florida Lt. Gov. Carlos Lopez-Cantera, sold Lane Industrial Park Building 1 to New York City-based Bluerock Real Estate L.L.C.

Through BRI 2240 North Lane Avenue LLC, Bluerock paid $19.13 million July 5 for the Northwest Jacksonville property.

Bluerock is an institutional alternative asset manager with $14 billion of acquired and managed assets.

Lane Industrial Park is designed for two 160,000-square-foot warehouses at northwest Lane Avenue and 12th Street.

Colliers Executive Director Guy Preston and Associate Director Seda Preston in Jacksonville comprise the leasing team for the property.

Building 2 at 2280 Lane Ave. N. is shown as under construction for delivery for tenant build-out the first quarter of 2023.

ARCO Design/Build is the contractor for the project at a construction cost of $6.55 million.

 

Source: Jax Daily Record


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Guy Preston

Senior Vice President

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.

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Seda Preston

Associate

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.

 

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