IEM Power Systems to lease in NorthPoint Industrial Park (Courtesy of the Jacksonville Daily Record) — IEM Power Systems, an electrical system manufacturer, will lease 186,000 square feet of space in NorthPoint Industrial Park at 3600 Port Jacksonville Parkway.
It previously leased at 11902 Central Parkway near the University of North Florida.
IEM is a branch of Fremont, California-based Industrial Electric Manufacturing, an independent full-line electrical distribution and power quality equipment manufacturer.
IEM has another office in Belgium.
“This new lease allows us to consolidate our Jacksonville operations into one location and support growth through the addition of numerous capabilities,” Tim Ferguson, vice president of operations at IEM, said in a news release.
“As we are expanding, IEM is seeking to fill a number of jobs in production and engineering.”
Cushman & Wakefield’s Tyler Newman and Jacob Horsley arranged the lease, the news release said.
Pattillo Industrial Real Estate owns NorthPoint Industrial Park. IEM will lease Building 3.
“The industrial market in Jacksonville is increasingly tight and there is heavy competition for quality space,” Newman said in the release.
“We believe this building, owned and operated by best-in-class landlord Pattillo, will be a great fit for IEM.”
Photo courtesy of Glassdoor.