Coral Springs-based, The Eisenberg Group, has picked up a three building 237,000 square foot multi tenant industrial portfolio in Jacksonville’s Westside submarket. The group paid $7.43 million for the 2-building Westgate Distribution Center on Commonwealth Avenue, and Agmac Distribution Center located at 5858 Broadway Avenue. The portfolio was 87 percent leased at the time of sale with notable tenants including Goodyear, Hughes Supply and Access Information Systems. The Eisenberg Group will retain Newman and Horsley as exclusive leasing advisors for the portfolio. Cushman & Wakefield’s brokerage team of Director Tyler Newman, Director Jacob Horsley and Vice Chairman Mike Davis represented the seller, The Mid-America Management Corporation
“We are excited to bring in a new owner for these buildings,” said Newman. “Mid-America had successfully operated the properties for many years, but decided to sell and reinvest in other assets. The Eisenberg Group was the ideal buyer and has long-term plans to upgrade the assets and secure long-term tenants.”
