Press Release brought to you by NAI Southcoast

NAI Southcoast Represents $6,795,000 Sale of Wells Lake Commerce Center on Behalf of Wells Lake Partners, LLC


JACKSONVILLE, FL – 10/5/2018 – NAI Southcoast an office of NAI Global, a leading global commercial real estate brokerage firm, announced today that it represented the sale of Wells Lake Commerce Center for Wells Lake Partners, LLC to LPA Wells Lake, LLC.


Wells Lake Commerce Center is made up of four (4) separate buildings of 52,620 SF on 7.7 Acres and is occupied by a diverse group of well-regarded office tenants, including Cemex, Wyle Laboratories, Engility, Maple Street Biscuit Company and others. The Property is conveniently located near retail/amenities such as Orange Park Mall and the Jax Naval Air Base.


“From the moment the seller indicated that they were looking to dispose of the property there was an impressive collaboration between all parties to achieve that goal. The Sellers were amazing to work with both on a personal level and by providing detailed information during the listing process, while we were in due diligence, and when working towards the closing date.  Any decisions that needed to be made were made quickly and fairly.  The Buyer was clearly experienced and very diligent in their detailed inquiries for property information, tenant documents, and financial data.   Both NAI Southcoast and NAI Hallmark worked together to make sure the Buyer and Seller were updated constantly, and information shared as soon as it was provided.  Overall this process was managed well, and all the parties played an important role in accomplishing the task of selling a very nice asset.  This sale is the latest of several recent major transactions we’ve been involved in, demonstrating a strong demand for commercial office space, throughout the entire State of Florida” said Stuart Duffin, CCIM of NAI Southcoast.


For more information on this deal and other opportunities, contact Stuart Duffin, CCIM at 772-579-0370


About NAI Southcoast

Established in 1982, we have a total of ten (10) sales associates, and six (6) professional staff members. We take pride in our local knowledge and expertise in the Martin County and surrounding areas. NAI Southcoast reinforces this local knowledge with a staff with strong backgrounds in brokerage and investment analysis.


About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property.  Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.


NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.


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