Brennan Investment Group sells Jacksonville distribution facility

MIAMI, Sept. 12, 2025 – JLL Capital Markets announced today the sale of a 198,408-square-foot distribution center located at 4925 Bulls Bay Highway in Jacksonville's strategic Westside submarket.

JLL represented the seller, a venture of Brennan Investment Group (“BIG”), in the sale.

The side-load distribution facility sits on 13.35 acres and is 100 percent leased to Henry Schein, Inc., a Fortune 500 global leader in distributing healthcare products and services. Built in 2006, the facility features 25-foot clear height, 25 dock-high doors and approximately 2.25 excess acres available for potential building expansion or outdoor storage.

The property benefits from exceptional multimodal connectivity, located immediately adjacent to Jacksonville's Beltway I-295 and within minutes of I-10 and I-95. This strategic positioning provides access to more than 70 million consumers and connectivity to the Jacksonville CSX Intermodal terminal and JaxPort, Florida's number one container port.

The JLL Capital Markets team that facilitated the transaction included Managing Director Cody Brais, Senior Managing Director Luis Castillo, Associate Taylor Osborne and Analyst David Orta Jr.

"This was an excellent asset in Brennan Investment Group's portfolio that attracted strong institutional interest," said Brais. "Jacksonville's industrial market continues to outperform with sustained rent growth and low vacancy, which was further complemented by the stability of a Fortune 500 tenant and the upside potential of future expansion on excess land with this offering."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. 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^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Since 2010, Brennan Investment Group has acquired or developed $6.5 billion in industrial real estate in 30 states. The company’s current portfolio spans 29 states and encompasses approximately 57 million square feet.

Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The company has 18 regional offices throughout the United States, and the firm’s management team is among the most accomplished in its industry, having invested in over 5,000 properties covering more than 60 cities throughout the United States, Canada, and Europe.

For more information on Brennan Investment Group, go to brennanllc.com.