PECAN PARK DISTRIBUTION CENTER SEC PECAN PARK AND I-95 (EXIT 366) Jacksonville, Florida Presented By: Steven Schafer 29800 Middlebelt Road Suite 150 Farmington Hills, MI 48334 248-932-7500 Office 248-932-0128 Fax www.schafer-dev.com PECAN PARK DISTRIBUTION CENTER TABLE OF CONTENTS • Project Overview • Market Overview • Site Plan • Aerial Photographs • Area Maps WORKING TODAY … BUILDING TOMORROW PECAN PARK DISTRIBUTION CENTER PROJECT OVERVIEW LOCATION: SEC Pecan Park Road and I-95 Jacksonville, Florida ACRES: 210.2 Acres SQUARE FEET: 2,110,000 SF ZONING: LI: Light Industrial UTILITIES: Water and Sewer are both serviced to the site TRAFFIC CONCURRENCY: 810, 000 SF Vested February 2009 / 1,260,000 SF Vesting February 2009 ACCESS: Access from Pecan Park Road to I-95, I-295 and I-10 RAIL: 1,300’ along CSX Main North Line in to JAXPORT REPORTS: All due diligence reports and permits available including Boundary Survey, Topographical Survey, Geotech Report, JEA Approved Plans, SJWRMD Permit, ACOE Permit and Environmental Phase. COMMENTS: Located on Florida's north Atlantic coast, the Port of Jacksonville serves the state and nation as a southeastern focal point for the intermodal movement of commodities on the world market. It is a national gateway to Puerto Rico, handling the overwhelming majority of the volumes. Jacksonville is the largest city in the U.S. in square miles and 3rd largest city in the South Atlantic. Jacksonville has been named the #1 city for new business by Expansion Magazine and is one of the top ten logistics-friendly cities based on rankings of rail, seaports and air-cargo access. Florida has no state income tax and is a Right-to-Work State by Constitution with a total labor force of seven hundred thousand. WORKING TODAY … BUILDING TOMORROW PECAN PARK DISTRIBUTION CENTER MARKET OVERVIEW Jacksonville Industrial Market Jacksonville’s industrial market remains resilient, with low vacancy rates, stable rents and with the announcement of two major international ocean carriers, Hanjin Shipping Co. and Mitsui O.S.K. Lines (MOL), having each made a commitment to build their East Coast hubs in Jacksonville, the industrial market appears to be in good shape for years to come. This will create a direct link to the lucrative East Asia trade market, notably China. Jacksonville officials estimate that by the year 2011, Jax Port will be moving more than 2.56 million twentyfoot container units, effectively tripling the city’s current cargo traffic and placing Jacksonville among the top 10 ports in the United States. Jacksonville has been named the #1 city for new business by Expansion Magazine and is one of the top ten logistic-friendly cities based on rankings of rail, seaports, and air-cargo access. Transportation Network Located in northeast Florida on the Atlantic Coast, Jacksonville is a major transportation hub. Jaxport - The Jacksonville Port Authority (JAXPORT) is an international trade seaport in Northeast Florida. The Port of Jacksonville currently has three operational marine terminalsTalleyrand (Downtown) and Blount Island and Dames Point (Northside), capable of handling container, automobile, bulk, break-bulk and refrigerated cargoes, as well as cruise passenger service and local ferry service, and has a growing business with Latin American markets. After New York City, Jacksonville imports the second largest amount of vehicles in the country. In fiscal year 2007, JAXPORT’s three public marine terminals handled a total of8.3 million tons of cargo. Seaports - Blount Island Marine Terminal: Located just nine nautical miles from the Atlantic Ocean, the Blount Island Marine Terminal has 5,280 feet of berthing space on 41 feet of deep water. Blount Island has an additional 1,350 feet of berthing space on 38 feet of water. This 754-acreterminal is JAXPORT’s largest container facility – handling 80 percent of the nearly 800,000TEUs moved annually through JAXPORT facilities. The terminal dedicates more than 150acres to container storage, and 240,000 square feet of dockside transit shed to house commodities such as stainless steel, liner board, wood pulp and other cargoes in need of warehousing. Talleyrand Marine Terminal - The Talleyrand Marine Terminal is located 21 miles from the Atlantic Ocean on the St. Johns River. This 173-acre terminal has 38 feet of water along its docks. Talleyrand handles South American and Caribbean containerized cargoes, breakbuld commodities such as steel and paper, imported automobiles, frozen and chilled goods and liquid bulk commodities. WORKING TODAY … BUILDING TOMORROW PECAN PARK DISTRIBUTION CENTER MARKET OVERVIEW Dames Point Marine Terminal - The Dames Point Marine Terminal is JAXPORT’s newest marine facility. The terminal fronts on the harbor’s 41-foot deep channel. Located on more than 585 acres of land owned by JAXPORT, this terminal is only 12 miles from the open sea. Besides servicing bulk cargoes on 22 acres, JAXPORT and Mitsui O.S.K. Lines, Ltd., (MOL), a Tokyo based logistics and ocean transportation company, are funding construction of the158-acre container-handling facility, which will include two 1,200-foot berths, six PostPanamax container cranes, and other infrastructure necessary to accommodate MOL’s operations. Additional phases of the project could expand MOL’s container facility to more than 200 acres, all on JAXPORT owned property. Roads - Local access to four interstates (I-95, I-10, I-295, and I-75) provides distribution along the entire U.S. East Coast, the southern tier of the nation to the Pacific Coast, and major sections of the South and Midwest. U.S. Highways 1,1l7,90, and 301 also provide a link to the nation’s markets. Rail - CSX, Norfolk Southern, and Florida East Coast service the area, offering connections to the eastern United States and Canada. Air - Jacksonville International Airport is home to general aviation and cargo services. WORKING TODAY … BUILDING TOMORROW PECAN PARK DISTRIBUTION CENTER SITE PLAN WORKING TODAY … BUILDING TOMORROW PECAN PARK DISTRIBUTION CENTER AERIAL WORKING TODAY … BUILDING TOMORROW PECAN PARK DISTRIBUTION CENTER AERIAL WORKING TODAY … BUILDING TOMORROW PECAN PARK DISTRIBUTION CENTER AREA MAPS SITE SITE WORKING TODAY … BUILDING TOMORROW PECAN PARK DISTRIBUTION CENTER AREA MAPS WORKING TODAY … BUILDING TOMORROW
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