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Medical office building sells for $3.4 million in Jacksonville, Florida

American Development Partners to complete renovations ahead of new tenant move-in
This one-story medical office building in Jacksonville sold as part of a 1031 exchange. (CoStar)
This one-story medical office building in Jacksonville sold as part of a 1031 exchange. (CoStar)
By Lexi Dortch with
CoStar Research
August 10, 2026 | 1:12 P.M.

Maddox Industrial Real Estate acquired a 3,200-square-foot medical office building from American Development Partners for $3.4 million in a 1031 exchange.

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