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 Jan. 13-19, 2025.


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  • | 12:00 a.m. January 23, 2025
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Jericho, New York-based Kimco Realty announced Jan. 8 it bought The Markets at Town Center for $108 million. However, according to the deed filed with the Duval County Clerk of Courts, the price was $110 million.
Jericho, New York-based Kimco Realty announced Jan. 8 it bought The Markets at Town Center for $108 million. However, according to the deed filed with the Duval County Clerk of Courts, the price was $110 million.
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DUVAL

$110,000,000

4853 Town Center Parkway and 4840-4924 Big Island Drive, Jacksonville

Type: The Markets at Town Center

Parcel size: 42.89 acres

Building size: 264,765 square feet

Buyer: Markets at Town Center 2478 LLC

Seller: BVA Markets at TC SPE LLC, Markets SPE Crossroads LLC, Markets SPE Matthews LLC and Markets SPE Schulmann LLC

Previous sale: $93,000,000 in 2021


CLAY

$50,000,000

3385 County Road 315, Green Cove Springs

Type: Planned residential

Buyer: Saratoga Sagebrook LLC

Seller: SRTG Dev Owner LLC


DUVAL

$42,000,000

4803 Deer Lake Drive W. and 4800 Deer Lake Drive E., Jacksonville

Type: Office

Parcel size: 52.23 acres

Building size: 945,879 square feet

Buyer: ICE Mortgage Technology Holdings Inc.

Seller: Bank of America N.A.


ST. JOHNS

$8,500,000

1125 Florida 16, 2006 Four Mile Road, 105 and 950 Shields Court, St. Augustine

Type: Planned multifamily

Parcel size: 32.18 acres

Buyer: HWY 16A Apartments LLC

Seller: 2020 SJP Jax LLC


ST. JOHNS

$4,000,000

500 Anastasia Blvd., St. Augustine

Type: Commercial

Parcel size: 1.27 acres

Building size: 5,334 square feet

Buyer: City of St. Augustine

Seller: Jabez Enterprises Inc.

Previous sale: $400,000 in 2009


DUVAL

$3,112,500

6410 Jones Road, Jacksonville

Type: Planned residential

Parcel size: 32.37 acres

Buyer: Meritage Homes of FL Florida Inc.

Seller: CGJR 1 LLC

Previous sale: $2,142,000 in 2023


DUVAL

$2,946,000

Rubber Fig Terrace, Jacksonville

Type: 43 residential lots in Arbors -Phases 3B and 4A

Parcel size: Not available

Buyer: D.R. Horton Inc.-Jacksonville

Seller: Forestar USA Real Estate Group Inc.


DUVAL

$2,748,027

Spruce Alder Way, Jacksonville

Type: 50 residential lots in Cope’s Landing Phase 2

Parcel size: Not available

Buyer: D.R. Horton Inc.-Jacksonville

Seller: Copes Development LLC


DUVAL

$2,400,000

104 Ellis Road N., Jacksonville

Type: Industrial

Parcel size: 3.58 acres

Building size: 1,419 square feet

Buyer: 104 Ellis Road N Acquisition LLC

Seller: Beaver Ellis Jax LLC

Previous sale: $1,309,500 in 2022


ST. JOHNS

$2,000,000

7250 Florida 13 N., St. Augustine

Type: Agriculture

Parcel size: 17.26 acres

Buyer: Boomi SR 13 LLC

Seller: Charles J. and Cathryn McGehee and S&J Tree Farm and Nursery Inc.

 

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