Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Clay, Duval and St. Johns counties. The sales were recorded Nov. 1-8.

  • By Daily Record Staff
  • | 5:00 a.m. November 12, 2020
  • | 5 Free Articles Remaining!
Chicago-based Laramar purchased the 616-unit ARIUM Deerwood apartments for $96.8 million Oct. 28, the top multifamily sale in Duval County this year. It was a 30% increase over the community’s sale in 2017.
Chicago-based Laramar purchased the 616-unit ARIUM Deerwood apartments for $96.8 million Oct. 28, the top multifamily sale in Duval County this year. It was a 30% increase over the community’s sale in 2017.
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DUVAL  

$96,850,000

9820 Creekfront Road and 7632 Southside Blvd., Jacksonville

Type: ARIUM Deerwood Apartments

Parcel size: 65.29 acres

No. of units: 616

Buyer: L/L Deerwood Associates LLC

Seller: Aqua Deerwood LL LLC

Previous sale: $74,500,000 in 2017

DUVAL 

$32,000,000

4901 Sunbeam Road, Jacksonville

Type: Thomas Chase Apartments

Parcel size: 14.77 acres

No of units: 268

Buyer: SREIT Thomas Chase Apartments LLC

Seller: Vestcor Fund XIX Ltd.

Previous sale: $1,632,000 in 2002

DUVAL  

$31,950,000

4320 Sunbeam Road, Jacksonville

Type: Leigh Meadows Apartments

Parcel size: 17.06 acres

No. of units: 304

Buyer: SREIT Leigh Meadows Apartments LLC

Seller: VCP-SB Associates Ltd.

CLAY  

$27,250,000

1745 Wells Road, Orange Park

Type: Holly Cove Apartments

Parcel size: 33.08 acres

No. of units: 162

Buyer: SREIT Holly Cove Apartments LLC

Seller: Vestcor-WR Associates Ltd.

DUVAL  

$23,670,000

4295 Sunbeam Road, Jacksonville

Type: Serotina Lakes Apartments

Parcel size: 13.16 acres

No. of units: 263

Buyer: Lyfe Mandarin One LLC

Seller: Main Street Residential Sunbeam LLC

Previous sale: $15,750,000 in 2016

DUVAL  

$22,250,000

3820 Losco Road, Jacksonville

Type: Camri Green Apartments

Parcel size: 26.56 acres

No. of units: 196

Buyer: SREIT Camri Green Apartments LLC

Seller: Vestcor Fund XVIII Ltd.

DUVAL  

$6,700,000

4051 and 4073 Philips Highway, Jacksonville

Type: Office warehouse

Parcel size: 5.68 acres

Building size: Two buildings totaling 70,161 square feet

Buyer: 4073 Philips Hwy LLC and Sherry L. Franklin

Seller: Sumner Holdings LLC

DUVAL 

$3,005,827

122 W. Eighth St., Jacksonville

Type: Dozier Apartments

Parcel size: 0.66 acres

No. of units: 14

Buyer: Ability Dozier LLC

Seller: Dozier Apartments LLC

Previous sale: $2,862,000 in 2018

ST. JOHNS  

$2,701,756

Interstate 95, St. Augustine

Type: 47 residential lots in Meadow Ridge, Holly Forest and Holly Forest Townhomes

Parcel size: Not available

Buyer: Dream Finders Homes LLC

Seller: JEN Florida 37 LLC

DUVAL 

$2,340,000

1879 Caravan Trail, Jacksonville

Type: Industrial warehouse park

Parcel size: 3.57 acres

Building size: Seven buildings totaling 41,976 square feet

Buyer: Western State Industries LLC, Falcon Financial Solutions and Sierra-Foothill Properties LLC

Seller: Semboat Investment Corp.

 

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