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Redfearn sells Jacksonville warehouse after renovation

Investor exits Flagler Center property in Florida for nearly $10 million more than its 2024 purchase price
Redfearn Capital sold the warehouse at 12751 Gran Bay Parkway in Jacksonville, Florida, for $37.39 million. (CoStar)
Redfearn Capital sold the warehouse at 12751 Gran Bay Parkway in Jacksonville, Florida, for $37.39 million. (CoStar)

South Florida-based Redfearn Capital has sold a Jacksonville warehouse for about $10 million more than it paid for the property less than two years ago, following a renovation aimed at extending the tenant’s long-term occupancy.

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