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Southside Office Space Trades at Significant Market Premium

“The seller saw his business double while he was in the space and the new owner was looking for space for their growing business as well.”

By Jennifer LeClaire | jenniferleclaire | Updated on September 26, 2017

Pablo Oaks Office Park Pablo Oaks Office Park

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.

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