Miami investor adds to Jacksonville property portfolio

Real estate investor Ramon Llorens paid $2.78M for the Greyhound bus station downtown

10 North Pearl Street in Jacksonville (Credit: Jacksonville Daily Record)
10 North Pearl Street in Jacksonville (Credit: Jacksonville Daily Record)

Miami-based real estate investor Ramon Llorens paid $2.78 million for a Greyhound bus station in downtown Jacksonville, the latest a series of Jacksonville properties he has acquired.

The bus station is located at 10 North Pearl Street near the Everbank Center, a high-rise office building that Llorens also owns. He bought the bus station through a company called AK Pearl LLC.

Greyhound will continue to operate at the bus station on North Pearl Street while a replacement station is built as part of the Jacksonville Transportation Authority’s new regional transportation center, a $33 million facility now under construction.

It is unclear what Llorens plans to do with the existing Greyhound bus station, a 1.21-acre property. The Jacksonville Daily Record reported that he was unavailable for comment.

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In addition to the bus station and the Everbank Center, Llorens has acquired several other properties in Jacksonville since 2014, including a downtown parking garage at 336 West Bay Street and a 2.78-acre parking lot nearby at West Bay Street and Hogan Street.

In the last three years, Llorens also has acquired commercial buildings in Jacksonville’s Southbank area and a property in the Tallyrand area that includes a former Ford Motor Co. plant. [Jacksonville Daily Record] — Mike Seemuth