Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded Oct. 24-30, 2022.

  • By Daily Record Staff
  • | 12:00 a.m. November 2, 2022
  • | 5 Free Articles Remaining!
The Terraces at Town Center apartments at 5140 Gate Parkway N. sold Oct. 22 for $58.4 million.
The Terraces at Town Center apartments at 5140 Gate Parkway N. sold Oct. 22 for $58.4 million.
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DUVAL

$58,400,000

5140 Gate Parkway, Jacksonville

Type: Terraces at Town Center

Parcel size: 11.98 acres

No. of units: 240

Buyer: SRC Terraces LLC

Seller: MREF II Terraces LLC

Previous sale: $39,000,000 in 2016

DUVAL

$57,700,000

959 Prudential Drive, Jacksonville

Type: Southerly at SouthBank apartments

Parcel size: 3 acres

No. of units: 185

Buyer: FR Southerly LLC

Seller: Southbank Multifamily LLC

DUVAL

$11,186,121

14011 Beach, 1906 Southside, 7855 Argyle Forest and 10250 Normandy boulevards, Jacksonville

Type: Six medical office condominium units

Condo size: 25,300 square feet

Buyer: Coastal Regions Healthcare Portfolio One LLC

Seller: Coastal Regions Portfolio I LLC

DUVAL

$4,975,000

1205 Monument Road, Jacksonville

Type: Seven medical office condominium units

Condominium size: 15,533 square feet

Buyer: Coastal Regions Healthcare Portfolio One LLC

Seller: 1205 Monument Road LLC

CLAY

$4,759,542

1821 Blanding Blvd., Middleburg

Type: Medical office

Parcel size: 2.12 acres

Building size: 15,963 square feet

Buyer: Coastal Regions Healthcare Portfolio One LLC

Seller: 1821 Blanding LLC

Previous sale: $1,285,000 in 2015

CLAY

$4,725,000

2835 Henley Road, Green Cove Springs

Type: Shopping center 

Parcel size: 1.39 acres

Building size: 11,961 square feet

Buyer: Coastal Regions Healthcare Portfolio One LLC

Seller: CRSVPM Lake Asbury LLC

Previous sale: $1,625,000 in 2021

CLAY

$4,721,392

1564 Kingsley Ave., Orange Park

Type: Medical office

Parcel size: 1.14 acres

Building size: 13,836 square feet

Buyer: Coastal Regions Healthcare Portfolio One LLC

Seller: 1564 Kingsley Holdings LLC

Previous sale: $2,300,000 in 2008

ST. JOHNS

$4,650,000

Palm Crest Drive, Saint Johns

Type: 31 residential lots Palm Crest at Nocatee

Parcel size: Not available

Buyer: Jax Construction Holdings LLC

Seller: SONOC Co. LLC

CLAY

$4,000,000

Armstrong Way, Middleburg

Type: Planned light Industrial business park

Parcel size: 16.34 acres

Buyer: Merritt-JADO LLC

Seller: Armstrong Development Florida Inc.

DUVAL

$3,737,931

2700 Riverside Ave., Jacksonville

Type: Office

Parcel size: 0.79 acre

Building size: 19,456 square feet

Buyer: Coastal Regions Healthcare Portfolio One LLC

Seller: KFB Riverside LLC

Previous sale: $900,000 in 2013

 

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