Nashville-based Bluecrest Capital Advisors announced Aug. 14 it had purchased Cypress Point Business Park in Jacksonville for $28.15 million.
In a news release, Bluecrest Capital identified itself as a real estate investment company targeting growth markets across the Southeast and said the Jacksonville purchase was its largest to date. The purchase was the company’s first outside of Tennessee, it said.
Cypress Point is at 8099 Nations Way near the interchange of Interstate 95 and Butler Boulevard. The release defined the property as a 226,500-square-foot small bay light industrial (SBLI) infill development…