(Carl Cronan is editor of Real EstateFlorida.)

JACKSONVILLE, FL-Flagler Development Group is continuing its aggressive acquisition mode, buying nearly $250 million worth of commercial real estate throughout Florida over the last four months. Its latest purchase: the nine-building Jacksonville International Tradeport.

Flagler paid $72.1 million for the 994,380-sf industrial complex in the city’s northside submarket, adding to at least 500,000 sf that it already owns in Jacksonville. Holliday Fenoglio Fowler’s Miami office represented Flagler in buying the 99% leased Tradeport buildings from Jackson Shaw Co., including the assumption of an existing loan on the property.

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