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North Signal & Fox Capital Ink Full-Building Lease at Imeson Commerce Center

The owner of Imeson Commerce Center recently announced the signing of a full-building lease at the Northside Jacksonville industrial property.

Formed of an affiliate of North Signal Capital LLC and an affiliate of Fox Capital Partners, the joint venture owner of the property at 1000 Imeson Park Blvd. leased the facility to Randolph, Mass.-based RoadOne IntermodaLogistics, a leading North American provider of intermodal trucking.

Luke Pope, executive managing director at JLL, represented the owner in the lease negotiations.

“1000 Imeson Park Boulevard is a great example of the type of building most in demand right now in Jacksonville: Class A, in-fill, located in close proximity to the port with exceptional access to the major highways and containing ample parking,” said Pope. “While RoadOne took the whole building, this building was designed to easily service the needs of four tenants, and that optionality was quite helpful during the lease-up period. Given the proximity to their existing operations across the street, I expect RoadOne to call 1000 Imeson Park Boulevard their home for many years to come.”

Completed in 2023, the facility incorporates more than 422,000 rentable square feet of class A Jacksonville, Fla., warehouse and distribution space. Designed and built to the highest institutional standards, the property features tilt-up concrete construction, 36-foot clear height, ESFR sprinkler systems, and LED lighting. Additionally, Imeson Commerce Center offers 216 auto parks, 180 trailer parks, and two drive-in doors.

“We’re thrilled to sign this lease with North Signal at 1000 Imeson Park Boulevard as this facility will allow us to significantly expand our operations in Jacksonville and better serve our customers there,” said Ken Kellaway, CEO of RoadOne. “The 1000 Imeson Park Boulevard facility is across the street from our existing RoadOne operations, which offered us important efficiencies. We look forward to a long and prosperous relationship with North Signal as we continue to expand our transloading footprint across the nation.”

Tenant improvements are estimated to be completed by early Q3 2024 and include the addition of dock levelers to every dock-high door (81 total); fencing around the entire site; and the construction of a 100,000-square-foot, climate-controlled section within the premises with all of the associated structural improvements.

“We are very excited to be in our new facility at 1000 Imeson Park Boulevard, which expanded our Jacksonville footprint to three facilities and now over 800,000 square feet of warehouse and transload space,” said Chris Sloope, vice president of operations in Jacksonville for RoadOne. “We looked at many facilities to find the right fit for our customer, and it was great how everything worked out allowing us to secure this brand new, state-of-the-art facility in the perfect location. It was a pleasure to work with the North Signal Capital team throughout this process and hopefully we can work with them on the next facility expansion in the near future!”

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