Merritt Picks Up 537K-SF Jax Industrial Park

Jul 23, 2026

Merritt Properties acquired Center Point Business Park, an 11-building, 537,800-square-foot light industrial park in Jacksonville’s Butler Corridor. The deal is the first major transaction announced since the company secured a $750 million investment led by Centerbridge Partners to accelerate its long-term growth…

Capital Markets Industrial & Logistics U.S. National Jacksonville Florida

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Housing Development in North Lawndale Breaks Ground

Crews recently broke ground on a North Lawndale community, the Trumbull Collection, a group of nine market-rate three-flat apartment buildings. The $6.5 million project will replace eight vacant lots on the 1600 and 1800 blocks of S. Drake Ave. and S. Trumbull Ave. with 27 mid-density homes. The city-backed project…

Capital Markets

Multifamily

U.S. National