Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Duval and St. Johns counties. The sales were recorded Feb. 7-13.


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  • | 4:50 a.m. February 17, 2022
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New York City-based Acram Group and an investment partner bought Riverplace Tower on Dec. 22, 2021, on the Downtown Southbank for $73.2 million. The deed was recorded Feb. 7.
New York City-based Acram Group and an investment partner bought Riverplace Tower on Dec. 22, 2021, on the Downtown Southbank for $73.2 million. The deed was recorded Feb. 7.
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DUVAL

$73,200,000

1301 Riverplace Blvd., Jacksonville

Type: Riverplace Tower

Parcel size: 8.2 acres

Building size: Two buildings totaling 912,994 square feet

Buyer: 1301 Riverplace Owner LLC

Seller: LCP Riverplace LLC

Previous sale: $53,400,000 in 2016

BAKER

$35,276,975

Florida 121 South and 228 South, Mudlake Road and Black Bottom Drive, Macclenny

Type: Timberland

Parcel size: About 16,000 acres

Buyer: Weyco West Jax LLC

Seller: The Cummer Land Trust

DUVAL

$25,000,000

1 Riverside Ave., Jacksonville

Type: Former Times-Union property, proposed mixed-use

Parcel size: 18.84 acres

Buyer: Fuqua BCDC One Riverside Project Owner LLC

Seller: 1 Riverside Property LLC

Previous sale: $16,652,900 in 2003

DUVAL

$15,000,000

1 Riverside Ave., Jacksonville

Type: Former Times-Union property, proposed multifamily

Parcel size: 4.3 acres

Buyer: TBR One Riverside Owner LLC

Seller: Fuqua BCDC One Riverside Project Owner LLC

DUVAL

$12,300,000

8000 and 8001 Belfort Parkway, Jacksonville

Type: Office

Parcel size: 26.05 acres

Building size: Two buildings totaling 86,400 square feet

Buyer: Plymouth 8000-8001 Belfort FL LLC

Seller: RLFED Belfort LLC

Previous sale: $7,700,000 in 2019

DUVAL

$11,814,319

Jacksonville

Type: 37 rental homes

Parcel size: Not available

Building size: Not available

Buyer: P5 2021 2 Borrower LLC

Seller: Zillow Homes Property Trust

DUVAL

$10,777,821

Jacksonville

Type: 41 rental homes

Parcel size: Not available

Building size: Not available

Buyer: Colosseum 1 LLC

Seller: Cupola Homes27 LLC

ST. JOHNS

$6,196,900

Bannon Lakes Boulevard, St. Augustine

Type: Undeveloped Bannon Lakes Phase 2B

Parcel size: Not available

Buyer: Pulte Home Co. LLC

Seller: RREF III-P-EP Cypress Creek Farms LLC

DUVAL

$6,040,680

1 Riverside Ave., Jacksonville

Type: Former Times-Union property, proposed recreational

Parcel size: 4.5 acres

Buyer: City of Jacksonville

Seller: Fuqua BCDC One Riverside Project Owner LLC

DUVAL

$4,679,680

Jacksonville

Type: 14 single-family rental properties

Parcel size: Not available

Building size: Not available

Buyer: SFR Investments V Borrower 1 LLC

Seller: Zillow Homes Property Trust

 

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