JACKSONVILLE-South Norwalk, CT-based Greenfield Partners LLC has acquired a portfolio of 32 Jacksonville buildings and 115 undeveloped acres from Liberty Property Trust for approximately $197.3 million.
Greenfield acquired the properties through four limited partnerships from the Malvern, PA-based REIT, according to the Financial News & Daily Record. The sale of the Jacksonville properties was part of an agreement announced by Liberty in early November to sell 97 properties in five states. The Jacksonville portfolio totals more than 2.1 million square feet of developed space. At the time of the announcement, Liberty did not identify the buyer of its Jacksonville holdings.
The Jacksonville properties primarily are in the Southpoint and Butler Boulevard area of South Jacksonville along with the 115 acres along Imeson Road in West Jacksonville. See story in the Financial News & Daily Record.
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