Saturday, July 18, 2015

Marcus & Millichap Arranges Sale and Leaseback of two single-tenant office buildings in Jacksonville, FL and Charlotte, NC


Acosta Inc. Headquarters, 6600 Corporate Center  Parkway, Jacksonville, FL

 
Douglas K. Mandel
JACKSONVILLE, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Acosta Inc.’s corporate headquarters in Jacksonville, Fla., and its regional headquarters in Charlotte, N.C.

 The Jacksonville property sold for $15,790,427 and the Charlotte property sold for $9,310,000.

Douglas K. Mandel, a first vice president investments in Marcus & Millichap’s Fort Lauderdale office, represented the seller, Acosta Inc., and also secured both buyers. 

A New York-based REIT purchased the Jacksonville asset and the property in Charlotte was acquired by a partnership from San Diego, Calif.

“The combination of the strength of Acosta’s corporate guarantee, the properties’ physical locations and today’s strong lending environment made these offerings very attractive,” says Mandel.

For a complete copy of the company’s news release, please contact:

Gina Relva
Public Relations Manager

(925) 953-1716

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