JACKSONVILLE, FL-Atlanta-based Oakmont Industrial Group is entering the Northeast Florida market with plans for 849,000 sf of bulk distribution space. Construction at NorthPort Logistics Center is set to start this September, with completion scheduled by next summer.

Tom Cobb, Oakmont’s senior vice president-development, says the developer scouted sites throughout Jacksonville for more than a year before finding a 75-acre site along New Berlin Road, which it bought from Schafer Development LLC for at least $10 million. Besides being convenient to Interstates 95 and 295 as well as Jacksonville International Airport, he notes that the site is 2.5 miles from the future Mitsui OSK Lines Ltd. terminal at the Jacksonville Port Authority, also known as JaxPort.

“We feel like the location is premium for us. This is just great timing for it.” Cobb tells GlobeSt.com. He says Oakmont hopes to replicate the success of its one-million-sf industrial park in nearby Savannah, GA, that it recently sold to Alexander & Baldwin.

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