Top commercial sales of 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 Jan. 1-Dec. 31, 2024.

  • By Daily Record Staff
  • | 12:00 a.m. February 14, 2025
  • | 5 Free Articles Remaining!
CT Realty sold a leased 1 million-square-foot warehouse in Florida Gateway Logistics Park in May for almost $91.725 million to Dallas-based Hillwood. Building 800 was built in 2023 on 51.66 acres at 9909 Pritchard Road in West Jacksonville. Total Distribution Inc., a third-party logistics company that is part of People Services Inc. of Canton, Ohio, leased the warehouse starting in August 2023.
CT Realty sold a leased 1 million-square-foot warehouse in Florida Gateway Logistics Park in May for almost $91.725 million to Dallas-based Hillwood. Building 800 was built in 2023 on 51.66 acres at 9909 Pritchard Road in West Jacksonville. Total Distribution Inc., a third-party logistics company that is part of People Services Inc. of Canton, Ohio, leased the warehouse starting in August 2023.
Photo by CBRE
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DUVAL             

$91,725,000

9909 Pritchard Road, Building 800, Jacksonville

Type: Florida Gateway Logistics Park warehouse

Parcel size: 51.67 acres

Building size: 1,013,036 square feet

Buyer: USICVI 9909 Pritchard Road LLC

Seller: DRI(CTR) JAX Phase I LLC


ST. JOHNS       

$89,484,633

5140 and 5280 Palm Valley Road, 267 ATP Blvd., Solana Road and 100 TPC Blvd., Ponte Vedra Beach

Type: PGA Tour office and parking

Parcel size: 198.24 acres

Building size: 266,489 square feet

Buyer: PGA Tour Enterprises LLC

Seller: PGA Tour Inc.


DUVAL       

$81,635,455

3050 Tamaya Blvd., Jacksonville

Type: The Point at Tamaya

Parcel size: 29.13 acres

No. of units: 380

Buyer: Tamaya Apartments LLC

Seller: Passco Point DST

Previous sale: $71,925,000 in 2018


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        

$70,230,000

15 Ascend Circle, Saint Johns

Type: Ascend Durbin Creek apartments

Parcel size: 20.63 acres

No. of units: 350

Buyer: Durbin Creek Gardens, KRR Durbin Creek Managing Co. LLC and CR Durbin Creek LLC

Seller: DHIC Durbin Creek 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     

$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


ST. JOHNS               

$57,660,000

250 Moultrie Landing Blvd., St. Augustine

Type: Exchange at St. Augustine apartments

Parcel size: 39.89 acres

No. of units: 312

Buyer: AP TBR St Augustine LLC 

Seller: VCP St Augustine LLC and VCP St Augustine II LLC


ST. JOHNS             

$54,698,334

Fern Valley Court, St. Augustine

Type: 553 residential lots, right-of-way and common area in Brookwood Forest Phases 1A, 1B and 2, Silverleaf Parcel 9

Parcel size: Not available

Buyer: Florida Landbank LLC

Seller: VPDF Silverleaf Jax 9 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

 

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