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 Aug. 19-25, 2024.


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  • | 12:00 a.m. August 29, 2024
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The Saddle Creek Logistics Services warehouse at 12751 Gran Bay Parkway W. in South Jacksonville sold Aug. 15 for almost $27.18 million. In an Aug. 20 news release, Delray Beach-based private equity commercial real estate company Redfearn Capital says it acquired the warehouse.
The Saddle Creek Logistics Services warehouse at 12751 Gran Bay Parkway W. in South Jacksonville sold Aug. 15 for almost $27.18 million. In an Aug. 20 news release, Delray Beach-based private equity commercial real estate company Redfearn Capital says it acquired the warehouse.
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DUVAL

$27,175,000

12751 Gran Bay Parkway W., Jacksonville

Type: Warehouse

Parcel size: 22.37 acres

Building size: 360,341 square feet

Buyer: AG-RC III Gran Bay Owner LLC

Seller: G&I IX 1275 Gran Bay LLC

Previous sale: $17,485,600 in 2017


DUVAL

$21,536,143

2550 Cabot Commerce Drive, Jacksonville

Type: Warehouse

Parcel size: 10.59 acres

Building size: 196,536 square feet

Buyer: FIVF-III-FL5 LP

Seller: G&I IX C Commerce LLC

Previous sale: $8,777,300 in 2017


DUVAL

$14,269,296

11070 Cabot Commerce Drive, Jacksonville

Type: Warehouse

Parcel size: 7.12 acres

Building size: 135,084 square feet

Buyer: FIVF-III-FL5 LP

Seller: G&I IX C Commerce LLC

Previous sale: $6,851,000 in 2017


DUVAL

$13,471,091

2562 Cabot Commerce Drive, Jacksonville

Type: Warehouse

Parcel size: 8.21 acres

Building size: 133,584 square feet

Buyer: FIVF-III-FL5 LP

Seller: G&I IX C Commerce LLC

Previous sale: $7,349,900 in 2017


DUVAL

$12,723,470

11084 Cabot Commerce Drive, Jacksonville

Type: Warehouse

Parcel size: 8.72 acres

Building size: 118,532 square feet

Buyer: FIVF-III-FL5 LP

Seller: G&I IX C Commerce LLC

Previous sale: $7,430,200 in 2017


ST. JOHNS

$6,500,000

155-167 Palencia Village Drive, St. Augustine

Type: Mercado Walk shopping center

Parcel size: 3.96 acres

Building size: 22,669 square feet

Buyer: Sleiman Centers LLC and Mercado Walk LLC

Seller: ATA Mercado St. Augustine FL LLC

Previous sale: $3,050,000 in 2012


ST. JOHNS

$6,497,562

1385-1405 St. Johns Parkway, Saint Johns

Type: Parkway Place Shoppes

Parcel size: 3.12 acres

Building size: 11,998 square feet

Buyer: Bathgate Plaza LLC

Seller: CLDG Parkway Place 3 LLC


DUVAL

$6,427,000

155 Ellis Road S., Jacksonville

Type: Warehousing

Parcel size: 5.39 acres

Building size: 62,059 square feet

Buyer: FNLR Compounds Matter LLC

Seller: Univar Solutions USA LLC


DUVAL

$5,002,400

Tomahawk Lake Drive, Jacksonville

Type: 65 residential lots in Irongate

Parcel size: Not available

Buyer: Richmond American Homes of Florida LP 

Seller: Jacks Road LLC


ST. JOHNS

$4,175,000

7440 U.S. 1 N., St. Augustine

Type: Palencia Plaza

Parcel size: 1.58 acres

Building size: 14,307 square feet

Buyer: Sleiman Centers LLC and Plaza Palencia LLC

Seller: ATA Palencia St. Augustine FL LLC

Previous sale: $1,450,000 in 2012

 

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