​[[{“value”:”

**Nuveen Acquires Fully Leased Jacksonville Distribution Center for $21M**

Brennan Investment Group has sold a nearly 200,000-square-foot distribution facility in Northwest Jacksonville to a Nuveen affiliate for $21 million. Located at 4925 Bulls Bay Highway, the property is fully leased to Henry Schein, a leading distributor of dental and medical supplies.

Built in 2006, the facility sits near another Henry Schein-occupied building at 8691 Jesse B Smith Court, reinforcing the company’s presence in the area.

The transaction was facilitated by JLL Capital Markets, with team members Cody Brais, Luis Castillo, Taylor Osborne, and David Orta Jr. representing the seller.

“Jacksonville’s industrial market continues to outperform with sustained rent growth and low vacancy, which was further complemented by the stability of a Fortune 500 tenant and the upside potential of future expansion on excess land with this offering,” said Cody Brais of JLL.

The deal reflects ongoing interest in Jacksonville’s industrial sector, bolstered by solid fundamentals and tenant stability.

“}]]