Property Highlight: Legend Point Logistics Crossing

Legend Point Logistics Crossing is new master-planned industrial development in St. Johns County located at County Road 210 and US 1 off Accolade Avenue. The project consists of two phases. Phase one is complete and comprises of three speculative warehouse buildings totaling 345,027 SF. Phase two can accommodate build-to-suit opportunities up to 500,000 SF or two spec buildings totaling 547,000 SF. Leasing of the space is currently available through Cushman & Wakefield.

The commerce park, developed by Scannell Properties, meets the needs of various types of industrial tenants by providing flexible warehouse sizes. The site also offers rear load configuration and ample parking capabilities.

“This has been one of the more exciting industrial developments in St Johns County history and it provides a great opportunity for St. Johns County industrial occupiers from 30,000 SF to 500,000 SF,” said Jacob Horsley, Executive Managing Director at Cushman & Wakefield.

The industrial park is conveniently located in the northern part of St. Johns County with quick access throughout the region by multiple interstates. The site’s location provides access to approximately 1.3 million consumers within a 30-minute drive. Also, more than 1.2 million people make up the workforce available within a 45-minute drive.

Available industrial space is in demand in St. Johns County as well as throughout Florida with St. Johns County’s industrial occupancy rate at 96%, according to Costar. As stated in an insights story posted on Cushman & Wakefield’s website titled Florida’s Industrial Stabilization 2023, “At mid-year 2023, all Florida markets maintained their high occupancy rates with an average of only 3.2% vacancy across the state. The high level of leasing demand positions Florida as a top contender amongst the Southeast region. Remaining available space under construction continues to be a necessity as limited supply persists and magnifies the need for a large quantity of industrial space to enter the construction pipeline.”

In Jacksonville and throughout Florida, Cushman & Wakefield is consistently ranked among the top brokerage firms, and it has the largest property management portfolio in Florida. Additional information about Legend Point Logistics Crossing can be found by visiting www.legendpointlc.com or calling Jacob Horsley with Cushman & Wakefield at 904-380-8335.

For more information about the St. Johns County Economic Development Department, visit www.sjcfl.us/economicdevelopment.