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Hillwood Acquisition
Update
08/21/23
Industrial Portfolio Sale in Jacksonville Includes 1.37 Million Square Feet
An industrial portfolio sale, brokered by CBRE, includes 1.37 million square feet of space in Jacksonville. The buyer is Dallas-based Hillwood Investment Properties, the seller is Atlanta-based Invesco Real Estate. The two properties in Jacksonville’s Westside Industrial submarket that combine for 1.37 million square feet. 12200 Presidents Court, built in 2008, is a 772,710 square foot facility which features 32-foot clear heights, 90 dock doors, 186 car parking spaces and 255 trailer parking spaces. 2300 Picketville, a 598,587-square foot facility built in 2009, features 128 dock doors, 32-foot clear heights, 326 car parking spaces and 118 trailer parking spaces. The two facilities include cross-dock loading.
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