Miami investor adds to Jacksonville property portfolio

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

TRD MIAMI /
Dec.December 31, 2017 01:00 PM

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.

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

 

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