Brooklyn, NY – Wasa Properties announces the acquisition of the St Johns Office Park, St Johns Business Park, and Powers industrial portfolio in Jacksonville, Florida, comprising three Class B Small-Bay Industrial Properties totaling just under 200,000 square feet. Located on the Southside of Jacksonville, the portfolio offers essential access to hundreds of thousands of consumers and local businesses, positioning it for continued growth.
The portfolio serves a diverse range of tenants, including contractors, e-commerce companies, and service-based industries, reflecting the high demand for small-bay industrial space in this fast-growing city. With Jacksonville’s expanding economy, this acquisition aligns with Wasa Properties’ strategy to diversify its holdings and expand its presence in high-demand markets.
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