Property at The Strand and The Crossing at Town Center across from St. Johns Town Center was sold for $32.3 million.
Daytona Beach-based investment groups CTO18 Jacksonville FL LLC, Consolidated-Tomoka Land Co. and Indigo Group Ltd. purchased the property from the developer, Preferred Growth Properties, through PGP Jacksonville TC LLC.
Businesses that occupy property sold in The Strand include Chuy’s restaurant, Firebirds Wood Fired Grill, Cheddar’s Scratch Kitchen, Moe’s Southwest Grill and Chase Bank.
Properties sold in The Crossing include PDQ restaurant, Wawa and Scrubbles 3 Minute Express Wash.