One Deerwood, a 162,609-square-foot, class A office building in Jacksonville, Fla., has sold for an undisclosed amount.

Taurus Stornoway Investments purchased the property from Prudential Real Estate Investors.

Completed in 1999, One Deerwood was 97 percent leased at the time of sale to two tenants: CIT Group and BellSouth. The six-story property is situated on a 10.5-acre site at 10201 Centurion Parkway Drive in the Deerwood Park office development.

According to a press statement, the property had been “recently improved to the height of technological innovation,” which helped the seller achieve a “record-setting price per square foot.”

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription