Realterm Buys Jacksonville Outdoor Storage Portfolio
The investment manager acquired two industrial properties totaling 12.1 acres in Jacksonville's West Side submarket.
Updated on Nov. 2, 2026 in Commercial
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Realterm, an independent global investment manager focused on transportation, acquired a two-property industrial outdoor storage portfolio totaling 12.1 acres in Jacksonville's West Side submarket. Colliers facilitated the transaction.
Why it matters
The acquisition adds transportation-focused industrial space in a Jacksonville submarket with access to major interstates, the port and the airport. Jacksonville is presented as a compelling long-term market for investing.
The portfolio includes a 17,600-square-foot maintenance facility with six drive-through bays and one wash bay at 5703 Commonwealth Avenue, and a 6,900-square-foot facility with four drive-through bays at 1142 Peavy Road. The purchase price was not disclosed.
The players
Realterm
Realterm is an independent global investment manager focused on the transportation industry, which acquired the Jacksonville outdoor storage portfolio.
Colliers
Colliers is a global commercial real estate services firm that facilitated the transaction for the buyer.
The details
The properties offer efficient access to I-10, I-95, I-295, JAXPORT and Jacksonville International Airport. Colliers professionals Jimmy Ullrich, Eric Bumgarner, Michael Macchia, Michael Cassidy and Gordon Olson facilitated the transaction.
Timeline
November 2, 2026: Realterm announced the acquisition.
Market Landscape
Outdoor storage and maintenance facilities near Jacksonville's interstate and port network reflect demand from transportation operators seeking logistics-adjacent industrial space. Realterm's purchase places a transportation-focused investor directly within the West Side submarket's existing infrastructure corridor.
For local businesses and logistics operators, the West Side submarket's interstate and port access may influence where they consider leasing or buying industrial space. The transaction terms beyond the facilities' size and bay configurations were not disclosed in the source.
The takeaway
Industrial outdoor storage with maintenance bays near major transportation corridors remains an active investment category in Jacksonville. Readers tracking commercial real estate can watch for follow-on deals in the West Side submarket.
Further reading
For more on the local market, explore Commercial listings and deals across Jacksonville.
Source note: This article includes information reported by American Journal of Transportation | AJOT | 1-800-599-6358.
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