Greystone Park at Deerwood Reaches 100% Lease-Up in 23 Months

JACKSONVILLE, FL – March 23, 2026 – NAI Hallmark, Jacksonville’s largest locally owned commercial real estate brokerage and property management firm, is proud to announce Greystone Park at Deerwood, a 212,240-square-foot office campus located at 10550 Deerwood Park Boulevard in Jacksonville’s Southside submarket, has reached 100% occupancy just 23 months after acquisition, following a strategic repositioning and leasing campaign led by Patrick Carney, Vice President at NAI Hallmark on behalf of owner Woodside Capital Partners.

At the time of acquisition in April 2024, the five-building campus faced significant vacancy and operational challenges. Through targeted marketing, capital improvements, broker engagement, and expanded zoning approved by Jacksonville City Council in May 2025, the property was successfully repositioned to attract a diverse mix of tenants.

The lease-up included seven new leases totaling 78,826 square feet and the sale of one 50,000-square-foot building to an owner-user, bringing the campus to full occupancy.

“This was a true collaborative effort between ownership and our leasing team,” said Patrick Carney, Vice President at NAI Hallmark. “By combining strategic capital improvements with flexible deal structures and strong broker outreach, we were able to quickly reposition Greystone Park at Deerwood and deliver a fully leased campus in just under two years.”

Greystone Park at Deerwood is now fully stabilized and positioned as a value-driven office destination near the St. Johns Town Center and one of Jacksonville’s most active commercial corridors.

For more information about this transaction or other commercial real estate opportunities throughout Northeast Florida, please contact Patrick Carney at pc@naihallmark.com.

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