Top commercial sales of the third quarter

Here are the top 10 third-quarter commercial real estate sales in Northeast Florida, comprising Duval and St. Johns counties. The sales were recorded July 1-Sept. 30.


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  • | 4:50 a.m. October 14, 2021
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Drift Town Center East Apartments.
Drift Town Center East Apartments.
  • Real Estate
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DUVAL

$83,150,000

5000 Kernan Blvd. S., Jacksonville

Type: Drift Town Center East Apartments

Parcel size: 17.09 acres

No. of units: 276

Buyer: Town Center Apartments East LLC

Seller: Bainbridge St. Johns Town Center Owner LLC

DUVAL

$82,500,000

13723 Atlantic Blvd., Jacksonville

Type: Terrabella Coastal Apartments

Parcel size: 21.92 acres

No. of units: 253

Buyer: Williams Portfolio 22 Inc.

Seller: Terrabella Residences LLC

DUVAL

$76,500,000

5335 Gate Parkway, Jacksonville

Type: Town Center Two office building

Building size: 223,962 square feet

Parcel size: 14.12 acres

Buyer: Dun & Bradstreet Inc. 

Seller: Jacksonville Town Center 2 Propco LLC

Previous sale: $64,520,000 in 2020

DUVAL

$63,000,000

3946 St. Johns Ave., Jacksonville

Type: RiverVue Apartments

Parcel size: 5.86 acres

No. of  units: 228

Buyer: ACIF I RiverVue LLC

Seller: CRP/Chance Jacksonville Owner LLC

DUVAL

$58,000,000

8335 Freedom Crossing Trail, Jacksonville

Type: The Vue at Baymeadows Apartments

Parcel size: 24.45 acres

No. of  units: 352

Buyer: BMF IV FL Vue Baymeadows LLC

Seller: Vue at Baymeadows LP

Previous sale: $34,220,000 in 2017

DUVAL/ST. JOHNS

$56,000,000

50 Pine Shadow Parkway, Jacksonville

Type: Olea at Nocatee apartments

Parcel size: 7 acres

No. of units: 175

Buyer: LSC-Ponte Vedra DST

Seller: CRP/Pollack Ponte Vedra Owner LLC

DUVAL

$53,600,000

4601 Bulls Bay Highway, No. 200, Jacksonville

Type: Westside Industrial Park

Parcel size: 21.02 acres

Building size: 417,652 square feet

Buyer: 4601-200 Bulls Bay Highway LLC

Seller: Colfin 2018-4 Industrial Owner LLC

DUVAL

$50,832,000

10501 Cold Storage Road, No. 200, Jacksonville

Type: Warehouse

Parcel size: 27.25 acres

Building size: 552,720 square feet

Buyer: Cold Storage Road LLC, Herndon Inc. and Chan HWA Trading Corp.

Seller: JI Imeson Industrial LLC

DUVAL

$48,000,000

4601 Bulls Bay Highway, No. 100, Jacksonville

Type: Westside Industrial Park

Parcel size: 26.26 acres

Building size: 440,162 square feet

Buyer: 4601-100 Bulls Bay Highway LLC

Seller: Colfin 2018-4 Industrial Owner LLC

DUVAL

$44,080,000

4301 and 4207 Confederate Point Road, Jacksonville

Type: Preserve at Cedar River Apartments

Parcel size: 31.38 acres

No. of units: 464

Buyer: Cedar River Partners LLC

Seller: Jacksonville DS JR LLC, Jacksonville Equities LLC, Jacksonville GW LLC, Jacksonville NJS LLC, Jacksonville JJL LLC, Jacksonville Schorr LLC, Jacksonville Drop LLC, Jacksonville JE LLC, Sale 21 LLC and Schorr Roll 7 LLC

Previous sale: $33,234,569 in 2021

 

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