Jacksonville, Fla. (April 26, 2018) — Newmark Phoenix Realty Group’s (NPRG) Senior Vice President/Principal Bryan Bartlett represented the Buyer, 1481 South 6th St LLC, in a building sale located at 1481 Industrial Circle, Macclenny, FL 32063 on 27.3 acres. The seller, Bayer Clothing Group, Inc., was represented by Terry Quarterman of CB Richard Ellis.
1481 South 6th St LLC, a collective of two companies - StarSong and Vanity Art - is based in Northern California. The companies design, manufacture and distribute high-end patio and bathroom furniture and fixtures constructed with American-made components.
The building will be used as a Southern regional distribution center and the companies anticipate hiring of local staff to begin mid-summer. Future plans by the buyers include investing resources to upgrade the entire project in multiple phrases using locally sourced contractors. A showroom for local shoppers and brick & mortar retailers to visit and test their products is also being planned.
Once renovations are completed, a section of the building (+/-35,000 SF) will be marketed for lease for short- or long-term rental by Bryan Bartlett.
About Newmark Phoenix Realty Group
Newmark Phoenix Realty Group is a full-service commercial real estate company serving Northeast Florida and Southeast Georgia. The firm has completed more than 100 million square feet of transactions since its inception in 1993. Today, Newmark Phoenix Realty Group provides industrial, office, retail and investment brokerage services representing tenants, buyers, landlords and sellers, as well as third-party and institutional investors of every size. Through Newmark Knight Frank, one of the world's leading commercial real estate advisory firms, our clients have access to opportunities in every major market throughout the country, as well as across the globe. For further information, visit www.phoenixrealty.net or call 904.399.5222.