The JAXPORT Board of Directors approved a $210 million long-term lease and relocation agreement with Southeast Toyota Distributors (SET), the world’s largest independent distributor of Toyota vehicles. SET is a subsidiary of Deerfield Beach, Florida-based JM Family Enterprises.
SET will relocate operations from its 50-acre facility at JAXPORT’s Talleyrand Marine Terminal and an adjacent 23-acre private facility into a single 88-acre property at JAXPORT’s Blount Island Marine Terminal. Combining operations at Blount Island creates operational efficiencies and additional space for SET to accommodate more vehicles.
