MIAMI—Pablo Oaks Office Park on Jacksonville's Southside, has traded hands. The office park sold for $177.50 price per square foot, which is significantly above the Jacksonville average of $78.50 per square foot for class A office space.

Franklin Street brokered the sale of a high-end suburban office building. The seller is Triad Financial—whose real estate entity is Cardon Pablo Oaks, LLC. The buyer is Loyalsock, LLC, DBA Capital Staffing Florida. The commercial real estate property sold for $1.78 million.

“This is a well-located suburban office space near the Mayo Clinic on Jacksonville's Southside,” Monte Merritt, the Franklin Street broker who listed and brokered the deal, tells GlobeSt.com. “The seller saw his business double while he was in the space and the new owner was looking for space for their growing businesss as well.”