300 West Adams Street is located in the Downtown Core of Jacksonville
Jacksonville, Florida – December 5, 2017 – Keith Goldfaden and Daniel Burkhardt of NAI Hallmark announced today that they represented the seller in the sale of 300 West Adams Street. The Property, located within walking distance to the County and Federal Courthouses and City Hall, is a six story, multi-tenant office building containing ±34,781 square feet. A private investor acquired the property for $3,450,000 and plans on investing additional capital into the building.
Keith Goldfaden, a Principal with NAI Hallmark said, “There was very strong demand for this property as investors see the positive momentum occurring in this area of downtown. This momentum started with the opening of the new county in courthouse in 2012 and was bolstered by the relocation of EverBank and Citizens Insurance to the adjacent office tower. This submarket will continue to thrive as it benefits from several new apartment developments scheduled to open over the next few years.”
Daniel Burkhardt, Vice President of NAI Hallmark added, “It was a great experience to work on such a historic building in an exciting, growing area of downtown. We garnered numerous offers on the property due to the location, tenant base, timeless architecture and value-add opportunity. We are excited for what the new owner has planned for the building.”
NAI Hallmark’s Patrick Thornton and Patrick Carney will be engaged as the leasing agents and NAI Hallmark will handle the property management.