Ash Properties is a privately held real estate development, leasing, and property management firm founded in 1979 and headquartered in Jacksonville, Florida. Over more than four decades, the company has grown into one of Northeast Florida's regional commercial property owners and operators, managing a portfolio exceeding 12 million square feet. The firm specializes in office, retail, warehouse, restaurant, and out-parcel properties, with operations focused on the Jacksonville metropolitan area and surrounding markets in Duval and St. Johns counties. The company maintains a vertically integrated operational model, handling all aspects of its real estate holdings in-house, from leasing and property management to development and design. Ash Properties targets high-traffic corridors and suburban nodes within its geographic footprint, pursuing long-term ownership and value creation through strategic site selection, tenant retention, and redevelopment of underutilized assets. The firm's investment approach emphasizes build-to-suit solutions and tenant customization options to meet client needs. In October 2023, the company acquired a Publix-anchored shopping center and outparcel building in Jacksonville for $25.3 million, with tenants including Planet Fitness and medical office users. In June 2024, Ash Properties began relocating its headquarters to The Palms at Gate Parkway, a two-story, three-building mixed-use development it developed at 7540 Gate Parkway, featuring 119,362 square feet of space for office, retail, and restaurant tenants. Leadership is headed by President Randall Whitfield, with Christian Oldenburg serving as Chief Operating Officer.
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