Corporate Square Business Center Trades for $1.9M

Corporate Square Business Center Trades for $1.9M
Dickinson Commercial Acquires 4-Building Industrial Portfolio

Dickinson Commercial Real Estate Services LLC of Ponte Vedra Beach acquired the four buildings in the Corporate Square Business Center at 8802 Corporate Square Court in Jacksonville from Group IV Corporate Square Inc. of Jacksonville for $1.9 million, or about $64.50 per square foot.

The 29,440-square-foot industrial park was built in 1998 on 2.29 acres in Jacksonville's South Side Industrial submarket.

Bart Hinson of Colliers Dickinson represented the seller. Group IV Corporate Square Inc. Dickinson Commercial handled the deal in-house. The building last sold in 2005 for $1.2 million.

Please reference COMP ID #1298101 for further details.

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