Top commercial sales of the week

Here are the top 10 commercial real estate transactions in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded Aug. 12-16.

  • By Scott Sailer
  • | 5:10 a.m. August 22, 2019
  • | 5 Free Articles Remaining!
Property records show the Landings at Gray Lake apartments at 6500 Lake Gray Blvd., sold for $34.6 million, 12% more than the $30.9 million it sold for in 2017.
Property records show the Landings at Gray Lake apartments at 6500 Lake Gray Blvd., sold for $34.6 million, 12% more than the $30.9 million it sold for in 2017.
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$34,616,850

6500 Lake Gray Blvd., Jacksonville, Duval County

Type: Landings at Lake Gray apartments

Size: 18.75 acres

Buyer: Landings (Jacksonville) Owner LLC

Seller: Landings at Lake Gray LP

Previous sale: $30.9 million in 2017

$9,964,839

County Road 16A, St. Augustine, St. Johns County

Type: Undeveloped school site

Size: Not available

Buyer: The School Board of St. Johns County, Florida

Seller: 16A Investments LLC

$7,375,000

4813 Moncrief Road, Jacksonville, Duval County

Type: Cypress Landing Apartments

Size: 4.41 acres

Buyer: Cypress Landing Apts LP

Seller: Source Financial Moncrief LLC

Previous sale: $2,810,000 in 2016

$7,089,977

5750 Florida 16, St. Augustine, St. Johns County

Type: Undeveloped school site

Size: Not available

Buyer: The School Board of St. Johns County, Florida

Seller: Pacetti Property LLC

$5,075,000

903 University Blvd. N., Jacksonville, Duval County

Type: Town & Country Shopping Center

Size: 18.24 acres

Buyer: 903 University Blvd. LLC

Seller: Town & Country Shopping Center Inc.

$4,095,746

County Road 16A, St. Augustine, St. Johns County

Type: Undeveloped school site

Size: Not available

Buyer: The School Board of St. Johns County, Florida

Seller: White’s Ford Timber LLC and WFGP LLC

$3,900,000

812 Dunn Ave., Jacksonville, Duval County

Type: Motel 6

Size: 5.64 acres

Buyer: 812 Dunn JAX Holdings LLC

Seller: Jacksonville Hotel LLC

Previous sale: $3,152,500 in 2013

$3,300,000

220 Riverside Ave, Jacksonville, Duval County

Type: Four commercial condominiums

Size: 17,053 square feet

Buyer: Mid-America Apartments LP

Seller: CRE Properties Inc.

$3,131,585

Florida 16, Jacksonville, Duval County

Type: Undeveloped school site

Size: Not available

Buyer: The School Board of St. Johns County, Florida

Seller: White’s Ford Timber LLC

$2,359,065

2455 Florida 16 and 2425 County Road 208, St. Augustine, St. Johns County

Type: Denny’s

Size: 1.84 acres

Buyer: Proleg 101 LLC

Seller: Jeffrey Lienert

 

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