Jacksonville-based NAI Hallmark announced the sale of 18.2 acres at 1337 Owens Road in North Jacksonville for $1.23 million to Warehouse Rentals LLC.
Mike Maschmeyer, vice president of the NAI Hallmark commercial real estate brokerage and property management firm in Jacksonville brokered the deal on behalf of the seller, Mark S. Wood LLC.
Warehouse Rentals LLC, based in Valdosta, Georgia, already has a project in Jacksonville.
The company paid $1.615 million in May 2019 for a 50.1-acre site at 3525 Imeson Road in West Jacksonville where it is building 378,125 square feet of industrial space in the Imeson Road Distribution Complex.
Building one is 188,125 square feet among six suites.
Building two is 190,000 square feet of two suites.
The land, zoned light industrial, is north of Airport Road between Interstate 95 and Jacksonville International Airport.