The city issued a permit May 1 for RoadOne Intermodal Logistics to make tenant improvements at the Imeson Commerce Center in North Jacksonville at a project cost of $900,722.
Evans General Contractors LLC of Alpharetta, Georgia, is the contractor for the interior and exterior improvements of the 422,000-square-foot building at 1000 Imeson Park Blvd.
LS3P Associates Ltd. Of Charleston, South Carolina, is the architect.
JAX-IMESON JV LLC, a joint venture owned by affiliates of North Signal Capital LLC and Fox Capital Partners, announced Feb. 15 it had executed a lease with RoadOne IntermodaLogistics for the warehouse.
RoadOne IntermodaLogistics, based in Randolph, Massachusetts, is a full-service intermodal transportation, national transload and warehousing operations company.
“This facility will allow us to significantly expand our operations in Jacksonville and better serve our customers there,” said Ken Kellaway, RoadOne CEO, in the February news release.
The release said the 1000 Imeson Park Boulevard facility was across the street from the existing RoadOne operations, which “offered us important efficiencies.”
“We look forward to a long and prosperous relationship with North Signal as we continue to expand our transloading footprint across the nation,” Kellaway said.
Transloading is moving freight from rail cars to trucks or vice versa.
Kellaway said the facility at 1000 Imeson Park Blvd. expanded RoadOne’s Jacksonville footprint to three facilities and more than 800,000 square feet of warehouse and transload space.
The facility has 216 parking spaces for cars, 180 for trailers and two drive-in doors.
The release said RoadOne is making tenant improvements that include adding dock levelers to all of the dock-high doors (81 total); fencing around the site; installing a guard shack; and building-out a 100,000-square-foot climate-controlled section within the building, according to the release.
Improvements are expected to be completed by early fall 2024.
In the meantime, RoadOne was operating in the warehouse.
“We hope to be able to work with RoadOne on other projects in the months and years ahead,” said North Signal Capital Partner Peter Goulding.
JLL Executive Managing Director Luke Pope handled leasing for the property.
RoadOne IntermodaLogistics is privately owned.
It has almost 5 million square feet of warehouse and transload space throughout the nation, as well as access to an additional 65 million square feet of warehouse and transload space through partnerships. North Signal Capital LLC, based in Stamford, Connecticut, is a real estate investment and development firm.
Fox Capital Partners, based in Pittsburgh, is a real estate investment firm focused on the industrial sector.
The city issued a permit in October 2022 for Evans General Contractors to build the shell warehouse on about 45 acres at a project cost of $25.7 million.
The city issued a permit Sept. 1, 2022, for site work including horizontal development, grading, paving and underground utilities.
North Signal Capital said in May 2022 it would develop the $38.5 million Imeson Commerce Center.
Goulding said the site, south along Imeson Park Boulevard, east of Interstate 95 and North Main Street, is well located relative to the JaxPort terminals, Jacksonville International Airport and the interstate system, specifically I-95.
Through Imeson Property LLC, North Signal paid $3.86 million for the site, buying it from Imeson Investments Inc. of Freeport, Bahamas. Vice President Wallace K. Groves signed the deed.