Top commercial sales Q3 2024

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 July 1-Sept. 30, 2024.


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The Primark distribution center in Imeson Park South in North Jacksonville sold July 19 for $62.85 million. The buyer was New York-based INDUS Realty Trust, an industrial/logistics real estate firm that focuses on mid-sized buildings between 75,000 and 500,000 square feet.
The Primark distribution center in Imeson Park South in North Jacksonville sold July 19 for $62.85 million. The buyer was New York-based INDUS Realty Trust, an industrial/logistics real estate firm that focuses on mid-sized buildings between 75,000 and 500,000 square feet.
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DUVAL      

$62,850,000

1511 Zoo Parkway, Jacksonville

Type: Primark Distribution Center

Parcel size: 33.1 acres

Building size: 587,944 square feet

Buyer: Riverbend Jacksonville Holdings I LLC

Seller: JJI IPS Building C LLC


DUVAL         

$54,428,000

1655 Prudential Drive, Jacksonville

Type: Broadstone River House apartments

Parcel size: 3.56 acres

No. of units: 263

Buyer: Stonegate IV MF LLC

Seller: Broadstone River House LLC


DUVAL           

$33,800,000

7635 Timberlin Park Blvd., Jacksonville

Type: Avenue at Timberlin Park Apartments

Parcel size: 26.01 acres

No. of units: 200

Buyer: BR Timberlin Park LLC

Seller: Bridge-Ave Royale LLC

Previous sale: $25,526,000 in 2015


DUVAL         

$29,500,000

1511 Zoo Parkway, Jacksonville

Type: Imeson Park South Building B1

Parcel size: 19.61 acres

Building size: 237,480 square feet

Buyer: 1511Z Jax LLC, KRE 1511 Zoo Parkway Owner LLC and SL Jacksonville Investor LLC

Seller: JI IPS Building B1


DUVAL      

$28,490,000

3333 Monument Road, Jacksonville

Type: Portofino Club Apartments

Parcel size: 15.04 acres

No. of units: 230

Buyer: 3333 Monument Rd Holdings LP

Seller: Huntington ORI Apartments LLC

Previous sale: $24,650,000 in 2020


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          

$26,700,000

3728 Philips Highway, Jacksonville

Type: Midway Park flex office/warehouse

Parcel size: 17.94 acres

Building size: 217,787 square feet

Buyer: Midway Park LLC

Seller: ROIB Central Park LLC

Previous sale: $10,050,000 in 2018


DUVAL               

$26,090,900

1617 First St. N., Jacksonville Beach

Type: Courtyard by Marriott Jacksonville Beach Oceanfront

Parcel size: 1.98 acres

Building size: 99,288 square feet

Buyer: NF V Jax Beach LLC

Seller: Shaner Jacksonville LLC

Previous sale: $11,152,000 in 2014


DUVAL         

$24,850,000

440 Dundas Drive, Jacksonville

Type: Warehousing 

Parcel size: 9.98 acres

Building size: 140,055 square feet

Buyer: NBPIV Dundas LLC

Seller: Jax Industrial Two Ltd.


DUVAL

$23,600,000

402 Zoo Parkway, 444 Heckscher Drive and Somer Road, Jacksonville

Type: Gate Precast Co.

Parcel size: 73.17 acres

Building size: 172,026 square feet

Buyer: LAN SE LLC

Seller: Gate Precast Co.

 

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