North Signal JV Inks Full-Building Lease in Jacksonville
Joint venture JAX-IMESON JV LLC—made up of affiliates of North Signal Capital and Fox Capital Partners—has fully leased its Class A infill facility in Jacksonville, Fla., to RoadOne IntermodaLogistics Co.
According to CommercialEdge data, the building was completed last year, after Synovus Bank provided a $25 million construction loan in 2022.
The 422,136-square-foot facility at 1000 Imeson Park Blvd. features 36-foot clear heights, ESFR sprinklers, LED lighting and tilt-up concrete construction. Two drive-in doors, 216 car parking spots and 180 trailer parks are included in the property, which was designed to be flexible to accommodate up to four tenants but the logistics supplier leased the entire space.
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Located in the Imeson Park submarket of Jacksonville, the facility is on a 40-acre lot. Interstate 95 and Highway 17 provide distribution access throughout the Jacksonville and larger Florida area. Downtown Jacksonville is approximately 9 miles from the facility.
JLL Executive Managing Director Luke Pope represented the joint venture in the leasing deal.
RoadOne’s Jacksonville plans
RoadOne is already planning on making tenant improvements to 1000 Imeson Park Blvd., including the installation of dock levelers to every dock-high door, full-site fencing, a guard shack and a 100,000-square-foot climate-controlled area. The company will occupy the warehouse until capital improvements complete in the late summer or early fall of this year.
The logistics intermodal transportation, transload and warehousing operations company signed the lease to expand its transloading footprint. Including 1000 Imeson Park Blvd., RoadOne now has three Jacksonville facilities totaling more than 800,000 square feet.
RoadOne is the largest privately-owned, asset-based intermodal trucking provider in the nation. The company has a current footprint of nearly 5 million square feet of warehouse and transload space.
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