Fleming Island-based The Reinhold Corp., through Reinhold Jacksonville ABC Properties LLC, paid $7.96 million on March 24 for the ABC Fine Wine & Spirits property at 4838 Gate Parkway N. and Town Center Parkway.
The property, in The Crossings at Town Center, comprises the 18,016-square-foot store built in 2019 on 1.46 acres across from St. Johns Town Center. The store opened in November.
Preferred Growth Properties, the real estate subsidiary of Birmingham, Alabama-based Books-A-Million, sold the property through PGP Jacksonville TC LLC.