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 Feb. 3-9, 2025.

  • By Daily Record Staff
  • | 12:00 a.m. February 13, 2025
  • | 5 Free Articles Remaining!
AT&T Inc. sold its Downtown property at 424 Pearl St. on Jan. 8 for $29.65 million to a New York private investment company. The property comprises the block of Pearl, Church, Duval and Clay streets. It is adjacent to and west of where Gateway Jax is building its Pearl Square Block N11 building at 515 N. Pearl St.
AT&T Inc. sold its Downtown property at 424 Pearl St. on Jan. 8 for $29.65 million to a New York private investment company. The property comprises the block of Pearl, Church, Duval and Clay streets. It is adjacent to and west of where Gateway Jax is building its Pearl Square Block N11 building at 515 N. Pearl St.
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DUVAL

$29,649,204

424 N. Pearl St., Jacksonville

Type: AT&T office, data and telecommunications center

Parcel size: 1.46 acres

Building size: 373,490 square feet

Buyer: Reign CO2 Propco LLC

Seller: AT&T Enterprises Florida LLC, AT&T Enterprises LLC and BellSouth Telecommunications LLC


ST. JOHNS

$13,142,290

3405 International Golf Parkway and 5000 Florida 16, St. Augustine

Type: Commercial

Parcel size: 131.01 acres

Buyer: AdventHealth Palm Coast Parkway Inc.

Seller: World Commerce Center


DUVAL

$13,000,000

Burbank Avenue, Jacksonville

Type: Planned apartments

Parcel size: 12.58 acres

Buyer: Alexandria Pike Highland Heights LLC

Seller: Sonoc Co. LLC


DUVAL

$5,620,000

Allure Lane, Jacksonville

Type: 15 rental town homes at Crossroads Townhomes at Town Center

Parcel size: Not available

Building size: Not available

Buyer: Crossroads SFR Owner LLC

Seller: Lennar Homes LLC


DUVAL

$4,811,907

River Station Lane, Jacksonville

Type: 18 rental town homes in River City Station Townhomes

Parcel size: Not available

Building size: Not available

Buyer: MCP River City LP

Seller: Dream Finders Homes LLC


DUVAL

$4,300,000

5377 Moncrief Road, Jacksonville

Type: Jacksonville Center for Rehabilitation and Healthcare

Parcel size: 2.43 acres

Building size: 35,906 square feet

Buyer: 5377 Moncrief Realty LLC

Seller: SB 5377 Propco LP

Previous sale: $19,200,000 in 2022


ST. JOHNS

$3,750,000

72 Spanish St., St. Augustine

Type: The Floridian Restaurant

Parcel size: 0.14 acre

Building size: 6,136 square feet

Buyer: La Joyawood LLC

Seller: Hale Hale LLC

Previous sale: $2,800,000 in 2022


DUVAL

$3,500,000

9370 Atlantic Blvd., Jacksonville

Type: Panda Express

Parcel size: 0.96 acre

Building size: 4,308 square feet

Buyer: CFT NV Developments LLC

Seller: 2024 Beacon Point Jax LLC

Previous sale: $2,000,000 in 2024


NASSAU

$3,000,000

5174 First Coast Highway and Stewart Avenue, Fernandina Beach

Type: Commercial

Parcel size: 4.31 acres

Building size: 8,290 square feet

Buyer: Ocean Gardens Amelia Land Trust

Seller: MPS Properties LLC


CLAY

$2,929,936

4469 S. County Road 209, Green Cove Springs

Type: Industrial

Parcel size: 5 acres

Building size: 8,990 square feet

Buyer: Flying Colors Group LP, Villa Gardens Investments LLC and Robert T. Wolfenden

Seller: Hammer & Steel Global LLC

Previous sale: $1,040,000 in 2008

 

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