The Suddath Cos. acquired more property to develop Airport Commerce Center in North Jacksonville, which a master utility plan filed with city power provider JEA says will comprise four industrial buildings totaling about 2.98 million square feet of space.
The purchase moves Jacksonville-based Suddath another step toward full ownership of the industrial park property.
Subema LLC of Tallahassee sold land Dec. 19 to Suddath subsidiary Airport Commerce Center LLC for almost $5.81 million. The deed was recorded Jan. 2 with the Duval County Clerk of Court.
Steve Suddath, chairman of The Suddath Cos., said Jan. 3 by email that Suddath Properties acquired 80.45 acres, including 56.76 upland acres. Upland acreage is property that can be developed as compared with wetland…