NEWS - Commercial Real Estate

1/11/2010 - The Allen Land Group Inc.of Jacksonville has acquired 140 acres of industrial land in Kingsland to develop a commercial and industrial business park.

“The project is prominently located with frontage on Georgia SR 40 and is approximately 31 miles from the Jacksonville Blount Island Port, which is experiencing a boom in its port activity.  The site is adjacent to the St. Marys Railroad line and conveniently located to the Brunswick, GA and Savannah, GA ports, and Interstates 95, 295 and 10,” according to the company.

The land is being marketed at $65,000 an acre and up depending on size and location, and the owner will consider a joint venture or build to suit.. One  to 80 acre sites, with the potential of building a warehouse or distribution facility up to 900,000 sq. ft. are possible.

The permitted uses include warehouse, wholesale, light industrial, manufacturing, commercial, retail, and professional offices.

The family-owned company is led by Jack Allen, who has been a commercial real estate broker in Florida for over 20 years, first with a national firm and then with his own company started in 1994.  Joining him is his wife Laura Henry Allen, a real estate attorney and advisor to the company.  Laura was associated with the national law firm of Foley and Lardner for twelve years prior to joining her husband at Allen Land Group, Inc. in 1997. Also involved with the company is Heather L. Allen, who supervises and coordinates the permitting of horizontal development of investment properties and formulates land use strategies for larger parcels; she joined the company in 2005. And. John Allen, who handles marketing for the company.