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Top commercial sales of the first quarter of 2021 | Jax Daily Record | Jacksonville Daily Record

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DRA Advisors pays $21 7 million for Fanatics e-commerce distribution center | Jax Daily Record | Jacksonville Daily Record

The Prudential Insurance Co. of America financed the deal Dec. 22 with a $13.55 mortgage. The deed and mortgage were recorded Dec. 30 with the Duval County Clerk of Courts. DRA Advisors, a real estate investment group, bought the property through Ranger Commonwealth LLC. IP Capital Partners LLC of Boca Raton sold the property through SCIP 5245 LLC. Cushman & Wakefield announced Dec. 28 it brokered the sale of the 560,88-square-foot Fanatics warehouse and Conlan Tire’s 27,579-square-foot outparcel. The property last sold for $15 million in December 2018.  The 28-acre property includes 52 dock-high entrances, 447 regular parking spaces, 20 handicap parking spaces and 46 tractor-trailer parking spaces. Property records show the structures were built in 1960. The site is between Interstates 295 and 10. It is less than 5 miles from the U.S. Postal Service, FedEx and UPS shipping facilities. 

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