Fort Lauderdale, FL (PRWEB) October 19, 2012
Liberty International Holding, Corp. has announced its participation in acquiring the $12.7 million flagship 37-acre property at the Jacksonville, Florida port. This property is fully pre-leased to All Freight Logistics (AUL).
“Our board of directors have green lighted our participation in the process to add the port to our growing portfolio of triple-leased credit properties,” says a company representative.
The Jacksonville port would add 215,000 SF to an existing portfolio of 1 million SF of cash flow positive commercial and residential developments. Liberty has secured financing through The Carlton Group with a planned closing date of December 31, 2012.
Liberty International Holding Corp. is a publicly traded company (LIHC).
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