(Carl Cronan is editor of RealEstateFlorida.)

JACKSONVILLE, FL-Flagler Development Group is continuing itsaggressive acquisition mode, buying nearly $250 million worth ofcommercial real estate throughout Florida over the last fourmonths. Its latest purchase: the nine-building JacksonvilleInternational Tradeport.

Flagler paid $72.1 million for the 994,380-sf industrial complexin the city's northside submarket, adding to at least 500,000 sfthat it already owns in Jacksonville. Holliday Fenoglio Fowler'sMiami office represented Flagler in buying the 99% leased Tradeportbuildings from Jackson Shaw Co., including the assumption of anexisting loan on the property.

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