InLight Real Estate Partners closed on the deal Dec. 20 to buy about 135 acres in North Jacksonville from First Zion Holdings LLC for almost $26.75 million to develop an industrial park called Eastport Logistics Park.
Through Eastport Jacksonville Property Owner LLC, InLight bought the land along Eastport Road from three Zion-affiliated entities.
The deed, executed Dec. 20, was posted Dec. 27 with the Duval County Clerk of Court.
InLight says the park is designed for about 1.79 million square feet of space.
The Colliers commercial real estate firm in Jacksonville is marketing the site.
A Colliers brochure says the park will start delivering buildings in the first quarter of 2026, meaning there will be space available then for tenant build-out.
Colliers executives Guy Preston, Seda Preston and Jack Heed are the landlord representatives for InLight.
Guy Preston posted Dec. 25 on LinkedIn that the first phase of four buildings range from 132,000 to 312,000 square feet.
The park is “in Jacksonville’s highly sought-after, port adjacent, Northside industrial submarket,” he posted.
InLight says the first phase comprises four speculative buildings totaling about 889,000 square feet of space.
The second phase is designed for another 900,000 square feet, although InLight said that plan involves a build-to-suit warehouse or two that could change that amount.
Zion Jacksonville LLC has been applying for permits for speculative warehouses at the site on behalf of Ponte Vedra Beach-based InLight.
New York-based Zion Jacksonville applied for permits Oct. 18 and Oct. 31 for Buildings One, Two and Three at 10145 Eastport Road at a total project cost of almost $32.3 million.
Buildings One and Two are 312,278 square feet each and Building Three is 132,265 square feet.
The site is east of Eastport Road south of its intersection with Faye Road.
The Conlan Co. of Jacksonville is the contractor for the building construction. Randall Paulson Architects of Roswell, Georgia, is the architect.
The structures appear to be potential multitenant warehouses.
The estimated project cost is $10.757 million for Buildings One and Three and $10.75 million for Building Two.
ESC Florida LLC is shown as the private provider firm for plan review for all three as it submits the permits to the city.
Seven buildings planned
InLight Real Estate Partners confirmed June 26 that it intends to buy the property to start construction on four to seven industrial buildings on Parcels 3A and 3B, shown among two phases, which were shown then as totaling 1.84 million square feet of warehouse space.
Zion Jacksonville LLC applied to the city Oct. 24 for permit review to clear 138 acres at an estimated project cost of $20 million where it is laying the groundwork for an industrial park.
The city issued a permit Dec. 5 for infrastructure contractor Phillips and Jordan Inc., based in Knoxville, Tennessee, to clear the land at 10145 Eastport Road at a project cost of $20 million.
The permit is for clearing, installation of site utilities, roadways and building pads to construct future buildings.
Zion Jacksonville LLC and civil engineer Prosser Prime AE have asked city utility JEA to determine the water flow connections along the proposed “Zion Parcel 3 Spine Road” for future parcel connections.
The road will connect to the property that InLight Real Estate Partners intends to develop.
A site plan shows the road will connect from Eastport Road and will run east to open up access to proposed Parcels 3A and 3B to the north and Parcels 4 and 5 to the south.
The city approved civil engineering plans June 13 for the first phase of four buildings.
InLight Real Estate Partners submitted those plans to the city May 3 for four warehouse distribution buildings comprising 884,000 at the site in one phase.
The other phase would comprise three buildings or possibly the large build-to-suit.
Marketing
The Colliers brochure says building sizes are available from 131,040 to 310,960 square feet. Flexible suite sizes start at 25,000 square feet.
There also is an option for a build-to-suit up to 687,700 square feet of space on the land along a CSX rail line.
Guy Preston posted on LinkedIn that within the next year Eastport Road will be improved and widened to three lanes from Pulaski Road to Zoo Parkway “designed to accommodate the increase in truck traffic and further enhance the site’s logistics capabilities.”
More connections
The proposed Zion Parcel 3 Spine Road is designed for future parcel connections.
The spine road also appears to connect at Eastport Road where DHL Supply Chain is developing a logistics center on the west side.
Zion Jacksonville LLC sold almost 50 acres Nov. 28 on the opposite side of Eastport Road to a company affiliated with DHL Supply Chain to develop an almost 400,000-square-foot, $64 million logistics and distribution center.
Warehouse use topping 8 million square feet
Yorktown Heights, New York-based Zion Jacksonville LLC owns more than 700 acres in North Jacksonville.
It is positioning its land as a master development of potentially more than 8 million square feet of warehouse use.
It has owned at least 900 acres and has been selling and deeding parcels, especially in the past year.
Property records show that Zion bought the land in 1986.
Industry experts have said that after family leader Abraham Zion died eight years ago, the Zion family has been organizing in a long-term move to position the property to sell the land.
