News Summary
The Jacksonville Port Authority has purchased a warehouse and distribution facility for $4.5 million to enhance cargo operations and meet increasing tenant demand. Located strategically in the Talleyrand area, the facility adds significant value to JaxPort’s warehousing capabilities. This move reflects JaxPort’s commitment to expanding its logistics infrastructure and supporting Jacksonville’s growth as a key shipping hub.
Jacksonville – The Jacksonville Port Authority (JaxPort) has made a significant investment in its cargo operations with the recent purchase of a warehouse and distribution facility for $4.5 million. The acquisition, finalized on July 31, was made to enhance JaxPort’s capacity to meet the growing demand for tenant space near the water, which will directly support the expansion of its cargo operations.
Located at 1830 E. 21st St. in the Talleyrand area, the 6.22-acre property is strategically positioned near the JaxPort Talleyrand Marine Terminal. The site is bordered by Thelma Street to the west, East 18th Street to the south, and Danese Street to the east. This location is designed to bolster JaxPort’s efforts in expanding container, vehicle, and breakbulk business lines as outlined in its Strategic Master Plan.
The purchase adds substantial value to JaxPort’s existing inventory of port-owned warehousing, which is actively leased to tenants at both Talleyrand and Blount Island. Previously owned by Aqua Gulf Express, a logistics company providing warehousing, trucking, and rail capacity in Jacksonville, the facility includes five buildings with a combined total of 51,492 square feet. This volume consists of:
- A 14,746-square-foot warehouse and 5,652-square-foot office built in 1963
- An 8,160-square-foot garage constructed in 2024
- A 28-square-foot cash booth built in 2009
Additionally, JaxPort holds a 27.07-acre vacant property covered by a prior acquisition in 2017 at 2002 E. 18th St., located from Buckman Street to Talleyrand Avenue. This vacant parcel is important for future logistics and operational expansions.
The acquisition is not an isolated move; it correlates with the authority’s aim to adapt to current market trends that demand efficient logistics and storage facilities. The purchase reflects the authority’s forward-thinking approach, illustrated by the previous purchase of an adjacent port-owned parcel on E. 18th Street, which is currently utilized for dry bulk handling and equipment storage.
This latest addition is viewed as a proactive step by JaxPort to enhance its overall operational efficiency while also catering to the increasing number of businesses seeking space in the area. As JaxPort continues to develop its infrastructure and service offerings, it reinforces its position as a pivotal player in the logistics and shipping sectors within the region.
The transaction was facilitated through JRL Properties Inc. and demonstrates JaxPort’s commitment to serving its tenants and stakeholders effectively. This move not only enhances the port’s capacity but also supports future growth, aligning with its mission to strengthen Jacksonville’s status as a key shipping and logistics hub on the East Coast.
This acquisition marks a notable change from previous property transactions, as the same property was sold for a mere $922,500 back in 2002. The significant appreciation in value is indicative of the burgeoning demand for logistical infrastructure in Jacksonville, further emphasizing the importance of strategic investments in the area.
In conclusion, JaxPort’s acquisition of the warehouse and distribution facility reflects its ongoing efforts to enhance operational capabilities, meet tenant demand, and elevate Jacksonville’s logistics profile, ultimately contributing to the growth of the local economy.
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Additional Resources
- Jacksonville Daily Record
- Wikipedia: Jacksonville Port Authority
- Supply Chain Brain
- Google Search: Jacksonville Port Authority
- AJOT
- Encyclopedia Britannica: Port
- Transport Topics
- Google News: JaxPort
Author: STAFF HERE JACKSONVILLE WRITER
The JACKSONVILLE STAFF WRITER represents the experienced team at HEREJacksonville.com, your go-to source for actionable local news and information in Jacksonville, Duval County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Jacksonville Jazz Festival, Riverside Arts Market, and World of Nations Celebration. Our coverage extends to key organizations like the Jacksonville Chamber of Commerce and JAXUSA Partnership, plus leading businesses in logistics, healthcare, and entertainment that power the local economy such as CSX Corporation, Baptist Health, and VyStar Credit Union. As part of the broader HERE network, including HEREOrlando.com, HEREStPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
