Business Details
30 Years
experience
Emergency
services
Your Trusted Commercial Real Estate Partner in Jacksonville, FL
Addison Commercial Real Estate, Inc. (ACREI) has been a trusted leader in commercial real estate since 1996, serving Northeast Florida with expertise in brokerage, property management, and development. As the largest privately held commercial real estate firm in the region, we combine over 100 years of collective experience with a boutique approach that prioritizes personalized service and long-term client relationships. Our team consistently ranks among the top 10 in leasing and sales volume in Jacksonville, delivering results through integrity, innovation, and proactive management. With a focus on integrity and transparency, we specialize in office, retail, industrial, and mixed-use properties, offering tailored solutions for tenants, landlords, and investors. Our commitment to excellence is reflected in our CoStar Power Broker Awards and a track record of successful transactions exceeding $675 million in value.We emphasize clear communication, financial acumen, and sustainable practices to maximize property value and tenant satisfaction. Backed by decades of local market knowledge, our professionals provide strategic guidance for complex acquisitions, dispositions, and property management needs. From turnkey build-outs to 24/7 emergency maintenance, we ensure seamless operations and long-term asset performance. Our leadership team brings multi-generational expertise, with senior associates averaging over 30 years of industry experience. Whether managing portfolios or facilitating tenant representation, we remain dedicated to exceeding client expectations through passion-driven service and continuous improvement.
Services
Brokerage Services
Property Management
Construction Management
Tenant Representation
Asset Management
Investment Advisory
Maintenance Services
Details
- Year established: 1996
Highlights and features
- We have over 30 years of experience serving Northeast Florida's commercial real estate market.
- Our team combines 100+ years of collective expertise in brokerage and property management.
- Ranked Top 10 in Jacksonville for leasing and sales volume since 1996.
- We provide 24/7 emergency maintenance services for property owners.
- Our boutique approach ensures personalized communication and tailored solutions.
Services
Brokerage Services
We facilitate commercial property transactions for tenants, landlords, and investors. Our services include lease negotiations, tenant placement, and investment sales across office, retail, and industrial sectors. With a track record of $675 million in transaction value, we provide market insights and strategic guidance to secure optimal deals.
Property Management
Our property management ensures efficient operations through proactive maintenance, tenant communication, and financial oversight. We handle budgeting, lease administration, and emergency repairs while maintaining high tenant retention rates. Services cover office buildings, retail centers, industrial properties, and condominium associations across Northeast Florida.
Construction Management
We manage new developments, renovations, and buildouts to enhance property value. Our team coordinates construction projects from planning to completion, ensuring compliance with timelines and budgets. Services include capital improvement planning, contractor coordination, and quality control for commercial real estate assets.
Tenant Representation
We assist businesses in identifying and securing commercial spaces that meet their operational needs. Our services include market analysis, lease negotiations, and space planning. We represent tenants in diverse sectors, ensuring favorable terms and alignment with long-term business objectives.
Investment Advisory
We provide data-driven insights for real estate investments, including acquisition strategies and portfolio optimization. Our advisory services cover market trends, financial analysis, and risk assessment. Clients receive tailored recommendations to maximize returns on office, industrial, and mixed-use properties in Northeast Florida.
People
Grafton D. 'Duke' Addison, III
President/CEO
With 34 years of experience, Duke has completed 815+ transactions totaling 700 million sq. ft. He founded ACREI in 1996 and leads its brokerage, property management, and development divisions.
Karl 'Carter' Bostwick
Broker Associate
A lifelong Jacksonville resident, Carter specializes in sales, leasing, and timber/agricultural asset management. He brings prior ownership experience from Bostwick Realty and a background in Florida real estate spanning 2004-2021.
Kimberly Leroux
Vice President of Property Management
With 30+ years in property management, Kimberly oversees financial planning, capital improvements, and tenant relations. Her expertise includes commercial, HOA, and residential property management since 1992.
Duncan Furrh
Sales Associate
Duncan focuses on investment opportunities in Texas office and industrial properties. He leverages financial services experience and an MBA to provide strategic brokerage services for ACREI clients.
Gary Gaulding
Maintenance Engineer
Gary ensures property functionality through preventive maintenance and emergency repairs. He specializes in electrical systems and coordinates vendor relationships to maintain operational efficiency across managed properties.
Questions
What commercial real estate services do you offer?
We provide brokerage, property management, construction management, tenant representation, and investment advisory services for office, retail, industrial, and mixed-use properties.
How long have you served Northeast Florida?
Since 1996, we've been a leading commercial real estate firm in Northeast Florida with over 30 years of local market expertise.
What property management benefits do you provide?
Our property management includes proactive maintenance, tenant communication, financial oversight, and lease administration to maximize asset value and tenant satisfaction.
Do you offer emergency maintenance services?
Yes, we provide 24/7 emergency maintenance to address urgent property issues promptly and minimize operational disruptions.
Which areas do you serve?
We primarily serve Northeast Florida, including Jacksonville and surrounding communities, with select services extending to Texas investment properties.