Keystone Terminals Purchases 39.5 Acres in Jacksonville
02.10.2020 By Greta Talmaci - NEWS

February 10, 2020 [Jacksonville Business Journal] – Keystone Terminals purchases the 39.5 acre waterfront terminal near the Tallyrand terminal from Norfolk Southern for $8 million.

The deal closed on Jan. 31.

Norfolk Southern will continue servicing the site, the railroad already services the adjacent Keystone property.

The property has some siloed containers and liquid bulk containers that will likely be torn down, said Guy Preston, executive director at Colliers International Logistics and Transportation Solutions Group. Colliers represented Norfolk Southern in the transaction.

It was a direct sale to Keystone with no one representing the terminal on the buyer’s side.

Keystone is one of several private terminal operators in the harbor neighboring Jaxport. Robert Peek, Jaxport’s director of marketing and general manager of business development, said the terminal won’t likely have a large impact on the port because Keystone focuses on a different product mix.

Keystone handles mostly dry bulk products and aggregates, while the port is focused on containers, autos and break bulk.

Keystone did not respond to request for comment.


Click Here to Access Today a 4,900 Tank Terminal Database With a Pro Trial
Click on the button and register to get instant access to actionable tank storage industry data

ONGC Inks Pact with HPCL for Sale of Oil from Mumbai Offshore
09.28.2023 - NEWS
September 28, 2023 [Projects Today]- Oil and Natural Gas Corporation (ONGC) has signed an agreeme... Read More
Enagas Wraps Up Stake Purchase in Germany’s HEH
09.28.2023 - NEWS
September 28, 2023 [LNG Prime]- Spanish LNG terminal operator Enagas has closed the previously a... Read More
Qatarenergy Signs New LNG Ship- Building Agreement Valued at QR14.2 Billion with HD Hyundai Heavy Industries
09.28.2023 - NEWS
September 28, 2023 [Qatar energy]- QatarEnergy signed an agreement with Korea’s HD Hyundai Heav... Read More
Qatar Energy Announces 10-Year Naphtha Supply Agreement with Marubeni Corporation
09.28.2023 - NEWS
September 28, 2023 [Qatar Energy]- QatarEnergy has announced the signing of a long-term naphtha s... Read More