![\"Steve](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/01\/Steve_Suddath_t850.jpg\" "\\"Steve")
<\/p>\nThe Suddath Cos. said March 19 it closed on the Phase 3 land purchase at Airport Commerce Center in North Jacksonville, meaning it can start to develop a proposed 2.98 million-square-foot industrial park along Pecan Park Road near Jacksonville International Airport.<\/p>\n
Since August 2025, a subsidiary of Jacksonville-based global logistics company Suddath has paid more than $20 million for 312 acres to create Airport Commerce Center.\u00a0<\/p>\n
The property is west of Interstate 95 and Pecan Park Road, south of Gold Star Family Parkway and north of the airport. It is west of the Jacksonville Port Authority North Jacksonville marine terminals.<\/p>\n
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Steve Suddath<\/p>\n
Suddath Chairman Steve Suddath said by email March 19 that the company bought 110 acres, of which 69.52 acres are upland, in Phase 3.<\/p>\n
\u201cThat completes all three phases having been acquired,\u201d Suddath said.<\/p>\n
Evan Walton, Suddath senior vice president of real estate and construction, said March 19 that Suddath paid $7.3 million for the Phase 3 property March 18, buying it from Tallahassee-based Subema LLC.\u00a0<\/p>\n
Suddath bought the three phases through subsidiary Airport Commerce Center LLC.<\/p>\n
The company said 200.7 acres of the 312 acres are upland, meaning they are above the wetland and can be developed.<\/p>\n
\u201cWith the growth of the Jacksonville port and the expansion of the trade area between Savannah and Jacksonville and with what we\u2019ve seen the last 10 years, we want to expand here,\u201d Walton said.<\/p>\n
\u201cThis is where the Suddath family has called home for over 100 years and we are very bullish on Jacksonville,\u201d he said.<\/p>\n
Suddath said previously the park will start with a distribution center for Suddath Cos.\u2019 NXTPoint Logistics subsidiary, a distribution, warehouse and fulfillment company.<\/p>\n
Walton said March 19 that NXTPoint Logistics would establish its headquarters in a 566,000-square-foot building on the Phase 2 property. A 250,000-square-foot building also is proposed in Phase 2 for use by NXTPoint or another tenant.<\/p>\n
Phase 1A comprises mass grading, site clearing, infrastructure and utilities.<\/p>\n
Phase 1B can fit up to 1.1 million square feet among one or several buildings, depending on demand.<\/p>\n
Phase 3 is a 1,076,320-square-foot building. Walton said there \u00a0is tenant interest in the building, but said he could not disclose by which companies.<\/p>\n
JEA issued a service availability determination letter Jan. 2 for the Phase 3 warehouse.<\/p>\n
Jacksonville-based England-Thims & Miller Inc. is the civil engineer.<\/p>\n
Established in 1919 in Jacksonville, Suddath Cos. said it has grown into a $900 million global transportation, relocation management and logistics company, serving 180 countries with 2,000 employees worldwide.\u00a0<\/p>\n
Airport Commerce Center<\/p>\n
Airport Commerce Center is the launch for Suddath Cos. to expand in Jacksonville with a significant industrial park of Class A industrial space.\u00a0<\/p>\n
The city issued four permits Dec. 16 for horizontal development to start work toward the three-phase development.<\/p>\n
Suddath Cos. said in an Aug. 22 news release that it previously formed the name Airport Commerce Center LLC and acquired the option June 26 from Flint Development to buy the land from Subema.<\/p>\n
Suddath said the initial Aug. 12 purchase \u201cmarks a significant step forward for Suddath Property Management\u2019s capabilities as a developer of industrial properties, both for affiliated Suddath companies and for third parties.\u201d<\/p>\n
\u201cThe Airport Commerce Center property will be a Class A industrial park adjacent to the Jacksonville International Airport,\u201d Steve Suddath said in the August 2025 release.<\/p>\n
\u201cAs a 106-year-old, Jacksonville-based company, we\u2019re proud to continue investing in our hometown and the airport corridor. We will use the development of our own building for our NXTPoint Logistics subsidiary as a springboard for the development of the overall industrial park.\u201d<\/p>\n
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