Reinhold Corp. pays $7.96 million for ABC Fine Wine & Spirits property

Preferred Growth Properties sold the developed site.


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  • | 4:34 p.m. April 1, 2020
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Fleming Island-based The Reinhold Corp., through Reinhold Jacksonville ABC Properties LLC, paid $7.96 million on March 24 for the ABC Fine Wine & Spirits property at 4838 Gate Parkway N. and Town Center Parkway.

The property, in The Crossings at Town Center, comprises the 18,016-square-foot store built in 2019 on 1.46 acres across from St. Johns Town Center. The store opened in November.

Preferred Growth Properties, the real estate subsidiary of Birmingham, Alabama-based Books-A-Million, sold the property through PGP Jacksonville TC LLC. 

 

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