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 Sept. 2-8, 2024.

  • By Daily Record Staff
  • | 12:00 a.m. September 12, 2024
  • | 4 Free Articles Remaining!
Merritt Properties announced Aug. 28 it acquired a five-building industrial park at 5022 Gate Parkway that it has renamed from The Meridian at Deerwood to Merritt at Gate Parkway. Merritt paid $19.6 million for the property, which is south of St. Johns Town Center and offers access off of Butler Boulevard on Gate Parkway.
Merritt Properties announced Aug. 28 it acquired a five-building industrial park at 5022 Gate Parkway that it has renamed from The Meridian at Deerwood to Merritt at Gate Parkway. Merritt paid $19.6 million for the property, which is south of St. Johns Town Center and offers access off of Butler Boulevard on Gate Parkway.
Photo by Merritt Properties
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DUVAL

$19,600,000

5022 Gate Parkway, Jacksonville

Type: Merritt at Gate Parkway offices

Parcel size: 26.76 acres

Building size: 208,002 square feet

Buyer: Merritt-Jame LLC

Seller: Hold Thyssen LLC

Previous sale: $23,568,400 in 2006


DUVAL

$10,350,000

9815 Lantern St., Jacksonville

Type: Courtyard by Marriott

Parcel size: 2.5 acres

Building size: 58,031 square feet

Buyer: Lantern Street Lodging LLC

Seller: Shaner Select Services Hotels VI LLC


NASSAU

$8,950,000

98 S. Fletcher Ave., Fernandina Beach

Type: Elizabeth Pointe Lodge

Parcel size: 1.05 acres

Building size: 15,816 square feet

Buyer: AM Amelia Island Hotel LLC

Seller: Dunlop Hospitality Investments LLC

Previous sale: $7,750,000 in 2014


DUVAL

$8,000,000

4610 Hodges Blvd., Jacksonville

Type: Primrose School of Glen Kernan

Parcel size: 1.37 acres

Building size: 14,649 square feet

Buyer: PSGK School LLC

Seller: KSM School III LLC


CLAY

$5,800,000

815 Corporate Square, Green Cove Springs

Type: Truck Service Shop

Parcel size: 4.64 acres

Building size: 8,893 square feet

Buyer: FCC Environmental Services Florida LLC

Seller: Modlins Trucking Inc.


DUVAL

$5,620,000

Allure Lane, Jacksonville

Type: 16 rental town homes at Crossroad at Towncenter

Parcel size: Not available

Building size: Not available

Buyer: Crossroads SFR Owner LLC

Seller: Lennar Homes LLC


DUVAL

$4,375,000

600 Airport Center Drive, Jacksonville

Type: Taco Bell

Parcel size: 0.8 acre

Building size: 3,072 square feet

Buyer: Airport Center Bells Inc.

Seller: 600 Airport Center LLC

Previous sale: $3,123,600 in 2020


CLAY

$3,997,241

609 Kingsley Ave., Orange Park

Type: Walgreens

Parcel size: 1.56 acres

Building size: 15,903 square feet

Buyer: Orion Mister Orange LLC

Seller: Walgreen Co.


ST. JOHNS

$3,413,523

Bismarck Palm Road, St. Augustine 

Type: 22 residential lots in Silverleaf Parcel 12E Phase 1

Parcel size: Not available

Buyer: Toll Southeast LP Co. Inc.

Seller: Arroyo Cap III-2 LLC


DUVAL

$2,585,000

11341 Normandy Blvd., Jacksonville

Type: Plaza at Normandy

Parcel size: 19.74 acres

Building size: 62,185 square feet

Buyer: 5640 Glady’s Investment LLC

Seller: WPG-Normandy LLC

 

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