VanTrust Real Estate, a full-service real estate development company, today announced it has purchased 196 acres in Imeson Park for the development of a master-planned industrial park. The property, “Imeson Park South,” is located at 1400 Zoo Parkway.
VanTrust purchased 136 acres from the Charles W. Bostwick Trust and 60 acres from Dan Webb representing CEFL, Inc. for a total of $22,828,700. The master-planned industrial park includes plans for six buildings that total approximately 2.8 million square feet.
The purchase is completed as the industrial and e-commerce sectors continue to experience rapid growth in Jacksonville, leading to a greater need for distribution facility support. JAXUSA Partnership recently reported that it has brought 13 e-commerce companies to Northeast Florida in the past five years, which represents investments of more than $3.3 billion in infrastructure and the addition of nearly 18,000 jobs.
“Due to its ease-of-access to major highways, the airport and JAXPORT, Imeson Park is poised to continue its expansion and help build Jacksonville’s reputation as a major logistics and distribution hub in the Southeast,” said Marc Munago, executive vice president, VanTrust Florida. “This project is an example of how VanTrust will continue to spearhead the commercial development of Imeson Park and other regions across Jacksonville to support the city’s economic momentum and growth.”
750,000-square-foot building will consolidate several warehouses and fuel economic growth in the region VanTrust Real Estate, LLC has been selected by Fortune 500 company Owens Corning to build a state-of-the art warehouse in the City of Heath, Ohio. The 750,000-square-foot building will consolidate much of the company’s existing warehouse capacity in the region. VanTrust broke ground on the site in …
Located in the Indianapolis suburbs of Avon and Mt. Comfort, large buildings planned will meet the demand for the industrial/manufacturing market. VanTrust is set to break ground on two industrial parks in the Indianapolis suburbs of Avon and Mt. Comfort. Avon Landings Commerce Park, located on Ronald Reagan Parkway, includes 58 acres, with plans to …
VanTrust Real Estate, along with representatives from the Hillsborough County Aviation Authority, participated in a groundbreaking ceremony today for the development of the first commercial office building to be connected to the Tampa International Airport. SkyCenter One is a 9-story Class A office building is the first project in the airport’s planned 35-acre SkyCenter commercial …
VanTrust Real Estate Purchases 196 Acres in Imeson Park as Region’s Warehouse & Distribution Demand Grows
VanTrust Real Estate, a full-service real estate development company, today announced it has purchased 196 acres in Imeson Park for the development of a master-planned industrial park. The property, “Imeson Park South,” is located at 1400 Zoo Parkway.
VanTrust purchased 136 acres from the Charles W. Bostwick Trust and 60 acres from Dan Webb representing CEFL, Inc. for a total of $22,828,700. The master-planned industrial park includes plans for six buildings that total approximately 2.8 million square feet.
The purchase is completed as the industrial and e-commerce sectors continue to experience rapid growth in Jacksonville, leading to a greater need for distribution facility support. JAXUSA Partnership recently reported that it has brought 13 e-commerce companies to Northeast Florida in the past five years, which represents investments of more than $3.3 billion in infrastructure and the addition of nearly 18,000 jobs.
“Due to its ease-of-access to major highways, the airport and JAXPORT, Imeson Park is poised to continue its expansion and help build Jacksonville’s reputation as a major logistics and distribution hub in the Southeast,” said Marc Munago, executive vice president, VanTrust Florida. “This project is an example of how VanTrust will continue to spearhead the commercial development of Imeson Park and other regions across Jacksonville to support the city’s economic momentum and growth.”
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