Top commercial sales of the 2nd quarter

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval and Nassau and St. Johns counties. The sales were recorded April 1-June 30.


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  • | 4:30 a.m. July 18, 2022
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The 361-unit Kernan Oaks Apartments at 3601 Kernan Blvd. S. sold May 17 for $68 million. The apartments are 2.4 miles from the University of North Florida.
The 361-unit Kernan Oaks Apartments at 3601 Kernan Blvd. S. sold May 17 for $68 million. The apartments are 2.4 miles from the University of North Florida.
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DUVAL

$68,010,857

3601 Kernan Blvd. S., Jacksonville

Type: Kernan Oaks Apartments

Parcel size: 33.94 acres

No. of units: 361

Buyer: Kernan Owner LLC

Seller: Jacksonville Student Housing LLC

Previous sale: $21,000,000 in 2013

DUVAL

$68,000,000

8745 Palm Breeze Road, Jacksonville

Type: Southside Villas apartments

Parcel size: 28.33 acres

No. of units: 300

Buyer: Southside Blvd Borrower II LLC

Seller: Southside Blvd Borrower LLC

Previous sale: $42,650,000 in 2019

NASSAU

$66,932,946

2 Vintage Way, Fernandina Beach

Type: Vintage Amelia Island

Parcel size: 21.4 acres

No. of units: 224

Buyer: SREIT Vintage Amelia LLC

Seller: Vintage Amelia Owner LLC

DUVAL

$65,807,070

11723 Wells Creek, Jacksonville

Type: The Felix apartments

Parcel size: 19.07 acres

No. of units: 280

Buyer: Felix (Jacksonville) Owner LLC

Seller: JAX Philips Hwy Apts LLC

DUVAL

$48,982,575

Woodbury Drive, Jacksonville

Type: 131 rental homes in Treeline Trails

Parcel size: Not available

Building size: Not available

Buyer: FR-Treeline LLC

Seller: MUPR 3 Assets LLC

DUVAL

$48,850,000

13845 Alvarez Road, Jacksonville

Type: Warehouses

Parcel size: 25.63 acres

Building size: Three buildings totaling 336,566 square feet

Buyer: Columbia Florida Alvarez Industrial LLC

Seller: ColFin 2017-10 Industrial Owner LLC

Previous sale: $24,050,000 in 2017

DUVAL

$45,451,780

13283 N. Main St., Jacksonville

Type: The Sagefield apartments

Parcel size: 8.39 acres

No. of units: 234

Buyer: Sagefield (Jacksonville) Owner LLC

Seller: Chance Jax MS LLC

DUVAL

$42,029,220

3355 Claire Lane, Jacksonville

Type: Oasis of Mandarin apartments

Parcel size: 19.28 acres

No. of units: 256

Buyer: Cyclone Oasis 256 LLC

Seller: Claire Pointe Developers LLC

Previous sale: $26,050,000 in 2006

DUVAL

$34,858,379

1721 Anniston Road and 1780 Leon Road, Jacksonville

Type: The Commons apartments

Parcel size: Two parcels totaling 17.19 acres

No. of units: 328

Buyer: 1721 Anniston Road LLC

Seller: Commons on Anniston LLC

Previous sale: $23,750,000 in 2017

DUVAL

$31,066,000

1750 Airport Road, Jacksonville

Type: Warehouse

Parcel size: 15.83 acres

Building size: 201,300 square feet

Buyer: Columbia Florida Tradeport 1 Industrial LLC

Seller: CJ Subsidiary #1 LLC

 

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