Top commercial sales of Q1 2024


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  • | 12:00 a.m. May 10, 2024
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The 322-unit Avere Southside Quarter apartments at 7507 Park Village Drive sold Jan. 18 for $78.15 million. 
The seller was Hines, a privately owned global real estate investment, development and management firm.
The 322-unit Avere Southside Quarter apartments at 7507 Park Village Drive sold Jan. 18 for $78.15 million. The seller was Hines, a privately owned global real estate investment, development and management firm.
Photo by Hines
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DUVAL            

$78,150,000

7507 Park Village Drive, Jacksonville

Type: Avere Southside Quarter Apartments 

Parcel size: 10.02 acres

No. of units: 322

Buyer: Avere Jacksonville SPE LLC

Seller: SSQ Multifamily Phase II Owner LLC

ST. JOHNS     

$68,670,000

County Road 16A, St. Augustine

Type: Undeveloped 

Parcel size: Not available

Buyer: DRP Solaris Multistate LLC

Seller: White’s Ford Investments LLC

DUVAL                   

$51,500,000

653 Monument Road, Jacksonville

Type: The Meridian Apartments

Parcel size: 19.83 acres

No. of units: 360

Buyer: Meridian Jacksonville LLC

Seller: Spyglass-The Canopy LLC

Previous sale: $26,300,000 in 2015

DUVAL          

$35,850,000

1171 Lane Ave. S., Jacksonville

Type: Westwood Apartments 

Parcel size: 25.36 acres

No. of units: 256

Buyer: Jacksonville Housing Authority

Seller: Deerfield Interwest Holdings LLC, Deerfield JS LLC and Deerfield MBFT LLC

Previous sale: $22,250,000 in 2019

DUVAL               

$32,800,000

9909 Pritchard Road, Jacksonville

Type: Florida Gateway Logistics Park warehouse

Parcel size: Not available

Building size: 300,240 square feet

Buyer: REIF III-9909 Pritchard Road LLC

Seller: DRI/CTR Jax Phase I LLC

DUVAL            

$31,500,000

1815 and 1900 Corporate Square Blvd., Jacksonville

Type: Lakeview Health and Stepping Stone Center for Recovery

Parcel size: 12.83 acres

Building size: 113,084 square feet

Buyer: Bowery Lakeview LLC and Gorgon Healthcare Ventures LLC

Seller: Store Master Funding V LLC

ST. JOHNS         

$27,750,000

200 Accolade Ave., Saint Johns

Type: Legend Point Logistics Crossing warehouse

Parcel size: 10.63 acres

Building size: 168,480 square feet

Buyer: Publix Super Markets Inc.

Seller: SP Legend Point 1 LLC

DUVAL             

$20,300,000

5928 Firestone Road and 1601 Dunn Ave., Jacksonville

Type: The Belmont and Avenue at 1601

Parcel size: 18.68 acres

No. of units: 328

Buyer: JAX 154 LLC and JAX 174

Seller: Colonial Forest Owner LLC and Northwood Owner LLC

DUVAL               

$18,588,695

13190 Glen Kernan Parkway, Jacksonville

Type: Planned residential

Parcel size: 29.84 acres

Buyer: Hodges Properties II LLC

Seller: Hodges Properties I LLC

Previous sale: $19,465,000 in 2021

DUVAL               

$16,912,500

4060 Barnes Road and 1600 Lansdowne Drive, Jacksonville

Type: Southwood and Lansdowne Crossing apartments

Parcel size: 10.39 acres

No. of units: 185

Buyer: MW-S&L Jacksonville 1 LLC, MW-S&L Jacksonville 2 LLC and  MW-S&L Jacksonville 3 LLC

Seller: FCI FL2 Holdings LLC

Previous sale: $10,075,000 in 2021

 

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