Exchange South
9143 Philips Highway
Jacksonville, Florida 33256
Exchange South is a 17.8-acre property located in the affluent Southside of Jacksonville, 1.8 miles from The Avenues Mall. The asset is a light-industrial/flex business park with 25 National and Multinational diversified tenants. The nature of the property will greatly benefit from the growth of e-commerce and expanded residential/commercial construction.
After acquisition, Savlan Capital implemented a $1MM CapEx renovation plan to improve the asset. This investment assisted Savlan in renewing and signing new leases totaling 65,000 sf of space and increasing the occupancy from 75% to 90%. With new market rental rates and an increase in occupancy the property value has increased by 151% in less then two years.
Notable Tenants:
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Konica Minolta https://www.konicaminolta.com/
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ALS Group https://www.alsglobal.com/
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Schindler Elevators https://www.schindler.com/
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Coram Group http://www.coramgroup.com/eng
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Apria Healthcare https://www.apria.com/
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LabCorp https://www.labcorp.com/
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Aptim https://www.aptim.com/
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Lending Tree https://www.lendingtree.com/
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Orion Energy Systems https://www.orionlighting.com/
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Univar https://www.univar.com/
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Fresenius https://fmcna.com/
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HealthSouth https://www.encompasshealth.com/
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