Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Clay and Duval counties. The sales were recorded Dec. 14-20.

  • By Daily Record Staff
  • | 5:10 a.m. December 24, 2020
  • | 5 Free Articles Remaining!
Group RMC acquired the Bank of America Tower, the Iberiabank building next door and a parking garage.
Group RMC acquired the Bank of America Tower, the Iberiabank building next door and a parking garage.
  • Real Estate
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DUVAL 

$75,500,000

50 N. Laura St., 135 W. Bay St. and 25 W. Forsyth St., Jacksonville

Type: Bank of America Tower, Iberiabank and parking garage

Parcel size: 1.73 acres

Building size: Three buildings totaling 1,185,235 square feet

Buyer: Jacksonville Tower Florida Realty LP

Seller: Hertz Jacksonville One LLC

Previous sale: $88,000,000 in 2014

DUVAL 

$73,503,000

11390 Square St., Jacksonville

Type: The Menlo apartments

Parcel size: 13.52 acres

No. of units: 332

Buyer: PAC Menlo LLC

Seller: CDP E-Town Owner LLC and Sultan Capital LLC

CLAY 

$53,000,000

1863 Wells Road, Orange Park

Type: The Parkland at Orange Park apartments

Parcel size: 30.19 acres

No. of units: 358

Buyer: PC Parkland FL LLC

Seller: The Parkland at Orange Park LLC

Previous sale: $35,050,000 in 2017

DUVAL 

$24,650,000

3333 Monument Road, Jacksonville

Type: Moncler Huntington apartments

Parcel size: 15.04 acres

No. of units: 230

Buyer: Huntington ORI Apartments LLC

Seller: Jax Huntington LLC

Previous sale: $12,500,000 in 2013

DUVAL 

$18,403,495

8985 Lone Star Road and 1252 Fromage Way, Jacksonville

Type: Global Outreach Charter Academy schools

Parcel size: Two parcels for 20.3 acres

Building size: Two buildings for 97,121 square feet

Buyer: Global Outreach Charter Academy Inc.

Seller: Regency Charter Property LLC

Previous sale: $6,100,000 and $450,000 in 2019

DUVAL 

$11,500,000

5017 Bowden Road, Jacksonville

Type: Extra Space Storage

Parcel size: 1.76 acres

Building size: 101,604 square feet

Buyer: ESS Storage Acquisition Forty Two LLC

Seller: CH SS Fund Taylor/ Theus Jacksonville Bowden Road L.L.C.

DUVAL 

$8,449,800

Pine Street, Jacksonville

Type: Undeveloped 372-unit Avenues Walk apartments

Parcel size: 32.62 acres

Buyer: Avenues Walk Owner LLC

Seller: Kimco Avenues Walk LLC

DUVAL 

$6,750,000

4030 Philips Highway, Jacksonville

Type: Warehouse

Parcel size: 5.27 acres

Building size: 128,372 square feet

Buyer: P&C Development Florida LLC

Seller: Ja-Ru Inc.

DUVAL 

$5,445,000

10308 Southside Blvd., Jacksonville

Type: J.C. Penney Corp. Inc.

Parcel size: 7.09 acres

Building size: 130,631 square feet

Buyer: Store 2430 LLC

Seller: J.C. Penney Corp. Inc.

DUVAL 

$5,049,996

9200 Merrill Road, Jacksonville

Type: Camel Premium Express Car Wash

Parcel size: 2.5 acres

Building size: 12,534 square feet

Buyer: MDC Coast 16 LLC

Seller: Merrill Realty Holdings LLC

 

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