Dalfen America Makes Opportunistic Investment in 240,000-Sq.-Ft. Distribution Center | Commercial Property Executive
Search Commercial Property Executive...
Home » Cities » Jacksonville SHARE THIS POST
Home
0
News
People & Transactions
Regions / Cities
Property Types
Finance
Economy Watch
Business Management
Business Specialties
Digital Magazine
CPE TV
Webinars/Chats
Blog
Slideshows
CPE Awards
Polls
October 11, 2012
Dalfen America Makes Opportunistic Investment in
240,000-Sq.-Ft. Distribution Center
Tweet
0
0
0
Like
By Georgiana Mihaila, Associate Editor
Dalfen America Corp. recently
acquired a 240,000-squarefoot, Class A
distribution center on
Jacksonville’s Northside.
Grubb & Ellis/Phoenix Realty
Group Inc. handled the sale.
Brokers Aaron Zarle, Bryan
Bartlett and John Richardson represented the seller, New York-based W. P.
Carey & Co. LLC. The company did not disclose the financial details of the
transaction, but Jacksonville Business Journal reports that the property traded for
$3.9 million according to public records–$2 million less than what W.P. Carey paid
for it in 1992.
Built in 1991 and totaling 240,000 square feet, the concrete tilt-up industrial
property has 30’-32’ clear ceiling heights, 4,000 square feet of office and a total of
56 dock-high loading doors. The property, currently vacant, has previously been
occupied by Sears.
Sean Dalfen, executive managing director at Dalfen America Corp., said: “This
building is ideally located in extremely close proximity to I95, JAX port and the
Mitsui terminal. In its size range, the property is hands down the market’s best
available distribution facility.”
Quebec-based Dalfen America Corp. has become one of North America’s most
active buyers of opportunistic industrial real estate, having transacted on 39
buildings and 2 million feet of prime development land, over the past 18 months.
Through its current opportunistic industrial fund, it has acquired 30 institutionalquality industrial buildings in seven states and intends to more than double that
number within the next 12 months.
SEARCH IN ARCHIVE
Image courtesy of Dalfen America Corp.
Select a category
Select a date
Select
Selectmonth
month
Research Center
Affiliated
CRE
Resources
Affiliated
CRE
Resources
Guest Columns
Search with Google
About Us
Write keyword and hit return
Leave a Reply
POLLS
Contact CPE
Your email address will not be published. Required fields are marked *
Name *
Which source of debt is the most receptive to
commercial real estate clients?
http://www.cpexecutive.com/cities/jacksonville/dalfen-america-makes-opportunistic-investment-in-240000-sq-ft-distribution-center/[03/06/2013 4:08:23 PM]
Dalfen America Makes Opportunistic Investment in 240,000-Sq.-Ft. Distribution Center | Commercial Property Executive
Editorial Calendar
Life insurance companies
Email *
Major national commercial banks
Advertising/Media Kit
Regional/local commercial banks
Manage Subscriptions
Website
Other private financial services companies
Government-sponsored enterprises
Comment
Back Issues
Mortgage banks
RSS Feeds
CMBS
CPN Archives
Vote
View Results
More Polls »
INDUSTRY LINKS
You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title="">
American Seniors Housing Association
<b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
Association of Foreign Investors in Real Estate (AFIRE)
Post Comment
CCIM Institute (CCIM)
CoreNet Global
CRE Financial Council
CREW Network (Commercial Real Estate Women)
Institute of Real Estate Management (IREM)
International Council of Shopping Centers (ICSC)
Mortgage Bankers Association (MBA)
NAIOP, the Commercial Real Estate Development
Association (NAIOP)
National Assocation of Real Estate Investment Trusts
(NAREIT)
National Council of Real Estate Investment Fiduciaries
(NCREIF)
National Multi Housing Council (NMHC)
Pension Real Estate Association
Real Estate Roundtable
Society of Industrial and Office Realtors (SIOR)
U.S. Green Building Council (USGBC)
Urban Land Institute (ULI)
SHARE THIS!
0
Tweet
ADVERTISEMENT
0
0
Like
Like
http://www.cpexecutive.com/cities/jacksonville/dalfen-america-makes-opportunistic-investment-in-240000-sq-ft-distribution-center/[03/06/2013 4:08:23 PM]
Dalfen America Makes Opportunistic Investment in 240,000-Sq.-Ft. Distribution Center | Commercial Property Executive
© , Commercial Property Executive
http://www.cpexecutive.com/cities/jacksonville/dalfen-america-makes-opportunistic-investment-in-240000-sq-ft-distribution-center/[03/06/2013 4:08:23 PM]