Jul
27
The Stein Mart Building Changes Hands in Jacksonville
ByHeadquarters to Stein Mart Inc., the 10-story office building is currently 96 percent leased and it home to more than a dozen companies.
The Stein Mart Building
Jacksonville—Lingerfelt CommonWealth Realty Partners LLC has announced the acquisition of The Stein Mart Building, a 196,649-square-foot Class A office asset located in downtown Jacksonville. Lingerfelt CommonWealth purchased the high-rise from Parkway Properties for $23.6 million.
The Stein Mart Building, currently 95.8 percent occupied, is a 10-story office building equipped with a fitness center and six-story parking garage featuring 510 spaces. Headquarters to Stein Mart Inc., the Stein Mart Building is also home to more than a dozen additional companies, which make up its diversified and stabilized tenant roster of long-term lease contracts…
