32.2-acre Jacksonville office campus trades

ORLANDO, April 16, 2026 –  JLL Capital Markets announced today that it has completed the sale of 8000 Baymeadows Way, a 32.2-acre office campus with 456,617 square feet of office space in Jacksonville, Florida.

JLL represented the seller and procured the buyer, Foundry Commercial, LLC.

The property consists of five buildings that previously served as an office campus. The new owner plans to redevelop the site.

8000 Baymeadows Way is located directly between Interstate 95 and U.S. Route 1 in the Butler/Baymeadows submarket of Jacksonville. This is the premier office submarket in Jacksonville and the property benefits from excellent connectivity to affluent residential communities, sought after schools, beaches, a variety of restaurants and upscale retail such as The Pavilion at Durbin Park, Shoppes at Bartram Park and Grand Cypress Marketplace.

JLL’s Capital Markets Investment Sales and Advisory team was led by Managing Director Robbie McEwan, Director Tucker Brooks, Analysts Hunter Smith and Jesse Jones in partnership with Senior Managing Director Jesse Shimp, who helps lead the office leasing team.

J. Paul Reynolds, CCIM, a Principal/Partner, led the transaction effort for Foundry Commercial.

“This office asset had become functionally obsolete due to age,” said McEwan. “However, this premier location combined with a growing Jacksonville market provided an opportunity for the site to be redeveloped, so we had significant interest throughout the marketing process. This is another example of how JLL’s connectivity across platforms can deliver exceptional results through creative solutions for our clients.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

Foundry Commercial is a full-service commercial real estate services and investment company operating across office, industrial, retail, multi-family, healthcare, religious, and not-for-profit asset classes and clients. Focused on the Sun Belt markets, Foundry is sustained by more than 4,000 associates operating from 12 markets, providing leasing and management on more than 77 million square feet and over 4,590 seniors housing units, typically executing over $2 billion in leasing, tenant rep, and investment sale transactions annually. Foundry’s development and investment platform is fully integrated with its services business and has invested in over $4 billion in joint ventures with many of the best-known institutional investors in the country. For more information, visit www.foundrycommercial.com.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.