Concentrix Campus Portfolio

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire 8000 Baymeadows Way (the “Offering”, “Property”, or the “Site”). The Property is currently the office campus for Concentrix, the current owner of the Property. Concentrix plans to vacate 6-12 months after the disposition of the asset, leaving the 32.2-acre Site available for development or an owner-user. Currently zoned “IBP” (Industrial Business Park), there is potential for both industrial and
residential development.
The current offering includes the chance to acquire the Property through a short-term (6-12 month) negotiable sale-leaseback agreement with Concentrix. This arrangement allows the buyer to collect income from an investment grade (S&P: BBB), nationally recognized tenant and to cover carrying costs while obtaining any necessary development approvals and permits.
Located in the Butler/Baymeadows submarket of Jacksonville, directly in between I-95 and US-1, the property benefits from exceptional amenities, demographics, and connectivity. The property is strategically located in the path of future growth for the Jacksonville MSA. The Offering’s excellent location combined with it’s advantageous business plan flexibility make it one of the most compelling covered land plays currently available in Florida.