Grubb & Ellis|Phoenix Realty Group brokers Bryan Bartlett and John Richardson recently finalized a lease with Sam’s East, Inc. for a property on the northside of Jacksonville. The building, which includes 126,665 square feet of distribution space, is owned and managed by Cabot Properties and is convenient to JAXPORT, the TraPac Marine terminals and Interstate 295.

“The lease of this property to Sam’s East is exciting news for Jacksonville, as it demonstrates the company’s increased interest in this region for storage and distribution of products,” said Richardson. “The Alta Lakes Commerce Center provided the features they required, in addition to the benefits of being in close proximity to the interstate and port facilities.”

Grubb & Ellis|Phoenix Realty Group is a locally-owned commercial real estate company offering brokerage, development, asset management and property management services. For more information, visit www.phoenixrealty.net or call (904) 399-5222.