February 24, 2020 Comments Off on Jacksonville Office Tower Trades for $67M Views: 716 Florida News, North Florida, Top Florida

Jacksonville Office Tower Trades for $67M

Order Reprints...

Miami-based Easton & Associates has brokered the $67 million sale of 841 Prudential, a 20-story office tower in Jacksonville.

Built in 1955, the 500,000-square-foot tower was the city of Jacksonville’s first skyscraper. The building underwent a $6 million renovation in 2018, and is located in the heart of a large medical campus anchored by Baptist Medical Center. At the time of sale, the property was 80% occupied by mostly professional office-use tenants.

Elliot LaBreche of Easton & Associates represented the undisclosed buyer in the transaction. CBRE advised the seller, Chicago-based GEM Realty.

Connect With Easton & Associates’ LaBreche

Connect South Florida is coming to Key Biscayne on Feb. 26, 2020. For more information, or to register, click here.

Subscribe to Connect Daily National

For comments, questions or concerns, please contact David Cohen

Tags: ,

Comments are closed.

Send this to a friend