Miami real estate firm nabs first Jacksonville industrial facility, plans for more

Simi Capital Group expands north, set to renovate 75,000-square-foot facility

Set to be renovated by Simi Capital Group, 4549 St. Augustine Road was acquired by the new owners for $7.5 million. (CoStar)

CoStar News

October 30, 2025 | 10:25 P.M.

Miami’s Simi Capital Group has entered the Jacksonville, Florida-area market with an industrial acquisition for $7.5 million.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Already A Subscriber? Sign In