Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval and St. Johns counties. The sales were recorded Dec. 23-27.

  • By Scott Sailer
  • | 5:10 a.m. January 2, 2020
  • | 5 Free Articles Remaining!
Strategic Office Partners of Phoenix acquired the 5201 Gate Parkway building leased by Deutsche Bank for $27.6 million.
Strategic Office Partners of Phoenix acquired the 5201 Gate Parkway building leased by Deutsche Bank for $27.6 million.
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DUVAL

$27,600,000

5201 Gate Parkway, Jacksonville

Type: Office building leased by Deutsche Bank

Parcel size: 13.04 acres

Building size: 156,476 square feet

Buyer: SOP 5201 Gate PKWY LLC

Seller: LSOP 3C II LLC

DUVAL

$23,478,000

6500 Bowden Road, Jacksonville

Type: McKesson office and warehouses

Parcel size: 24.78 acres

Building size: Four buildings totalling 208,640 square feet

Buyer: G&I X Industrial FL LLC

Seller: Sealy Bowden Buildings LLC

Previous sale: $17,650,000 in 2005

DUVAL

$16,200,000

2800 University Blvd. S., Jacksonville

Type: The Palms at 2800 apartments

Parcel size: 8.6 acres

No. of units: 168

Buyer: QPG University Apartments LLC 

Seller: CMF Peppertree LLC

Previous sale: $12,000,000 in 2018

DUVAL

$13,000,000

6680-6700 Southpoint Parkway, Jacksonville

Type: Office

Parcel size: 14.48 acres

Building size: two buildings- totaling 104,197 square feet

Buyer: Saltmeadow LLC

Seller: LSOP 3 FL 4 LLC

Previous sale: $11,800,000 in 2014

DUVAL

$6,000,000

2943 Spring Park Road, Jacksonville

Type: Spring Park Place Apartments

Parcel size: 4.84 acres

Buyer: 2943 Spring Park Road LLC

Seller: Spring Park Inc.

Previous sale: $900,000 in 2001

DUVAL

$5,300,000

1850 Kings Road, Jacksonville

Type: Campus Towers Apartments

Parcel size: 12.46 acres

Buyer: Campus Towers Apartments LLLP

Seller: Campus Towers Senior Living Inc.

CLAY

$3,275,000

1712-1742 Kingsley Ave., Orange Park

Type: Rockefeller offices

Parcel size: Not available

Buyer: Rockefeller Center Holdings LLC

Seller: H&LK LLC

Previous sale: $1,720,000 in 2009

ST. JOHNS

$3,258,000

Switchgrass Road, St. Augustine

Type: 49 single-family lots in Creekside at Twin Creeks Phase 2B

Parcel size: Not available

Buyer: LGI Homes Florida LLC

Seller: Twin Creeks Ventures LLC

ST. JOHNS

$2,600,000

Ritchie Drive and Cypress Road, St. Augustine

Type: Mobile home lots

Parcel size: Not available

Buyer: MHP St. Augustine Bridge LLC

Seller: BBH Associates LP and RAM Land Co. I LLC

ST. JOHNS

$2,340,000

Florida 16, St. Augustine

Type: Undeveloped residential in the Grand Oaks Community Development District

Parcel size: Not available

Buyer: Drees Homes of Florida Inc.

Seller: Day Late Enterprises Inc.

 

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