CIP Real Estate Acquires Industrial Park Adjacent to Jacksonville Airport for $51.6M

by John Nelson

JACKSONVILLE, FLA. — CIP Real Estate, a real estate investment firm based in Irvine, Calif., has purchased JAX Airport Logistics Center, a newly built, two-property industrial park adjacent to Jacksonville International Airport. Pan American Co. sold the 30.2-acre property to CIP for $51.6 million. Colliers brokered the sale, and CIP obtained a $35.6 million bridge loan for the acquisition.

Located at 14825 International Airport Blvd., the 425,000-square-foot industrial park was delivered in December 2025. JAX Airport Logistics features four speculative office suites, dock packages and ramps, trailer parking, 250-foot building depths, 32-foot clear heights and Class A logistics space divisible to unit sizes ranging from 25,000 to 225,000 square feet.

CIP has selected Guy Preston, Seda Preston and John Cole of Colliers to handle the leasing assignment at JAX Airport Logistics Center.

You may also like