Savlan Capital Acquires ±765,000 SF Office and Flex Portfolio in Jacksonville for $52M

Savlan Capital's $52M Jacksonville Acquisition Signals Confidence in Northeast Florida Office Market

Savlan Capital has made a significant investment in the Northeast Florida office market with the acquisition of a seven-building, ±765,190 square-foot commercial portfolio in Jacksonville for $52 million. The portfolio, located in the Lakeside and Flagler Center business parks, includes Class A office and flex buildings that are currently 57.2 percent occupied. This acquisition is notable as one of Jacksonville’s rare office transactions over th…

Savlan Capital Acquires ±765,000 SF Office and Flex Portfolio in Jacksonville for $52M

Savlan Capital has acquired a seven-building, ±765,190 square-foot, Class A commercial portfolio in Jacksonville, FL. The collection of office and flex buildings located in the Lakeside and Flagler Center business parks was purchased for $52 million from a financial institution. The JLL team of Robbie McEwan and Hunter Smith represented the buyer in the transaction. Savlan Capital represented itself in the acquisition. The transaction, from sign…