Eco Relics Test Market, Lists Rail Yard District Warehouse for Rent | Jax Daily Record | Jacksonville Daily Record

Eco Relics co-founders Michael and Annie Murphy say they are testing the real estate market in Jacksonville’s Rail Yard by announcing the lease of their Stockton Street warehouse.

The Murphys has contracted real estate brokerage Colliers to market the 51,625-square-foot industrial warehouse space at 106 Stockton St.

The marketing brochure published on November 22 lists properties for a single lease at $12 per square foot.

However, the Murphy family said on November 23 that they have no plans to sell or move their architectural salvage business at this time.

Michael Murphy said Eco Relics’ sales rebounded rapidly from a brief pandemic delay in the second quarter of 2020 and its revenue rose 25% year over year.

Eco Relics founders Michael and Annie Murphy launched the business in 2013.

Annie Murphy said the listing is, in part, out of curiosity to measure property value and Eco Relics.

We don’t have a real strategy. “We just know the market is good,” Michael Murphy said.

“We’re throwing it in there like a lottery ticket because there’s a lot of interest,” he said.

“There are a lot of buyers in this area sweeping the real estate. Two or three different groups have joined.”

Eco Relics is located in the Rail Yard about one kilometer west of Brooklyn.

Michael Murphy said they had several offers to buy the property but none were enough to tempt a sale.

The Murphy family purchased the former railroad freight depot for $365,000 and opened Eco Relax in 2013.

At the time, the Murphy family said the now 93-year-old building had been vacant for several years and was used for storage.

Eco Relics stocks thousands of items, from old postcards to reclaimed wood.

Annie Murphy owns the building through Stockton Street LLC and business through Eco Relics LLC, according to a clerk of Duval County Courts and state registries.

Colliers Northeast Florida Director Matthew Clark and colleagues Sam Middlecafe and Olivia Steinman handle EcoRelex.

The real estate team is also responsible for leasing the nearby Dennis + Ives project in the Rail Yard which aims to transform the warehouse space at 1505 Dennis Street into a brewery, café, taco and tequila restaurant, community hall and creative office space.

Middlekopf said the Murphy family is “just an owner looking for some opportunity.”

“They are just looking to test the market, especially in this Rail Yard area and especially in the 32204 zip code,” he said.

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