Top commercial sales of Q4 2022

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. 1 - Dec. 31, 2022.

  • By Scott Sailer
  • | 12:00 a.m. January 13, 2023
  • | 5 Free Articles Remaining!
JEA began moving into its new Downtown corporate headquarters at 225 N. Pearl St. in December. The developer sold the building for $95 million in November.
JEA began moving into its new Downtown corporate headquarters at 225 N. Pearl St. in December. The developer sold the building for $95 million in November.
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DUVAL

$94,996,931

225 N. Pearl St., Jacksonville

Type: New JEA headquarters

Parcel size: 1.52 acres

Building size: 442,411 square feet

Buyer: RCS-225 Pearl Street LLC, RCS-225 Pearl Street (DM) LLC and RCS-225 Pearl Street (VEN) LLC

Seller: Ryan Jacksonville LLC

CLAY

$85,000,000

Florida 23, Green Cove Springs

Type: Planned mixed-use

Parcel size: 3,112 acres

Buyer: Governors Park Property Holdings LLC

Seller: GCSD LLC and GCSE LLC

Previous sale: $12,688,500 in 2019

DUVAL

$84,250,000

8649 AC Skinner Parkway, Jacksonville

Type: The Loree Apartments

Parcel size: 15 acres

No. of units: 300

Buyer: PRG Loree Associates LLC

Seller: MREF II Loree LLC and MREF III Loree LLC

Previous sale: $56,000,000 in 2017

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

CLAY

$51,300,000

1757 Theodora Lane, Fleming Island

Type: The Station at Fleming Island

Parcel size: 11.37 acres

No. of units: 180

Buyer: AMZAK Station LLC

Seller: Bristol Fleming Island Partners LLC

DUVAL

$47,000,000

Meridian Road, Jacksonville

Type: 133 town home rentals in Equinox West

Parcel size: Not available

Building size: Not available

Buyer: GREF Equinox West LP

Seller: DHIR-Equinox 20 LLC

DUVAL

$37,650,000

7507 Beach Blvd., Jacksonville

Type: Magnolia Point apartments

Parcel size: 15.36 acres

No. of units: 226

Buyer: FCI FL6 SPE LLC, SSMagnolia Holdings LLC and Sanchez Magnolia LLC

Seller: Mag Pointe LLC

Previous sale: $14,400,000 in 2017

DUVAL

$33,500,000

1201 Kings Ave., Jacksonville

Type: Hilton Garden Inn and Homewood Suites by Hilton

Parcel size: 0.72 acres

Building size: 155,310 square feet

Buyer: EH22 LLC

Seller: LCP 1201 Kings Ave LLC, MV Hotel Associates I LLC, MSS Hotel Associates I LLC, GASS Hotel Associates I LLC and RSS Hotel Associates I LLC

ST. JOHNS

$31,326,545

Greenbriar Road, Saint Johns

Type: Villages at Town Center planned residential

Parcel size: 1,300 acres

Buyer: Greenbriar Property Holdings LLC

Seller: Helow Properties Ltd.

 

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