Wells Real Estate Funds sheds Florida properties

Sells space it developed last decade

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Wells Real Estate Funds today announced the sale of two class A office buildings in Jacksonville, Fla. The value of the transaction was not disclosed. The buildings include Centurion Centre and the adjacent BellSouth building, located on Centurion Parkway. Centurion Centre, built in 1993, includes 87,600 square feet; tenants at the time of sale included ADP Inc. and Synovus Financial Corp. The BellSouth building, with 92,272 square feet, was built three years later; tenants at closing included BellSouth Advertising and Publishing Corp. and American Express.  Jackson, Miss.-based Parkway Properties Inc. purchased the property. Wells Real Estate Funds is a national real estate investment management company based in suburban Atlanta. ...