Top commercial sales of 2022

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded Jan. 1 - Dec. 31, 2022.


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  • | 12:00 a.m. January 12, 2023
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An affiliate of Richmond, Virginia-based Capital Square bought the 308-unit Vista Brooklyn apartments from Bristol Development Group and Hallmark Partners for a record $410,064 per unit.
An affiliate of Richmond, Virginia-based Capital Square bought the 308-unit Vista Brooklyn apartments from Bristol Development Group and Hallmark Partners for a record $410,064 per unit.
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DUVAL

$126,300,000

200 Riverside Ave., Jacksonville

Type: Vista Brooklyn apartments

Parcel size: 1.71 acres

No. of units: 308

Buyer: CS1031 Vista Brooklyn Apartments DST

Seller: HP-BDG 200 Riverside LLC

DUVAL

$103,500,000

10501 Cold Storage Road, No. 500, Jacksonville

Type: Amazon Softlines JAX7

Parcel size: 87.84 acres

Building size: 1,052,852 square feet

Buyer: LBA LVF VII-Company XXVI LLC

Seller: JI Imeson Industrial Building E LLC

DUVAL

$94,996,931

225 N. Pearl St., Jacksonville

Type: New JEA headquarters

Parcel size: 1.52 acres

Building size: 442,411 square feet

Buyer: RCS-225 Pearl Street LLC, RCS-225 Pearl Street (DM) LLC and RCS-225 Pearl Street (VEN) LLC

Seller: Ryan Jacksonville LLC

DUVAL

$92,412,000

4674 Town Center Parkway, Jacksonville

Type: Ravella at Town Center

Parcel size: 5.58 acres

No. of units: 306

Buyer: CX Ravella at Town center DST

Seller: Ravella Apartments LLC

Previous sale: $67,755,000 in 2019

CLAY

$85,000,000

Florida 23, Green Cove Springs

Type: Planned mixed-use

Parcel size: 3,112 acres

Buyer: Governors Park Property Holdings LLC

Seller: GCSD LLC and GCSE LLC

Previous sale: $12,688,500 in 2019

DUVAL

$84,250,000

8649 AC Skinner Parkway, Jacksonville

Type: The Loree Apartments

Parcel size: 15 acres

No. of units: 300

Buyer: PRG Loree Associates LLC

Seller: MREF II Loree LLC and MREF III Loree LLC

Previous sale: $56,000,000 in 2017

ST. JOHNS

$82,000,000

Sawgrass Village Drive and Village Main and Front streets, Ponte Vedra Beach

Type: Sawgrass Village Shopping Center

Parcel size: 15.65 acres

Building size: 156,934 square feet

Buyer: PSM Sawgrass LLC

Seller: Sawgrass Village Shopping Center LLC

DUVAL

$80,000,000

1591 Lane Ave. S., Jacksonville

Type: Riverbank Apartments

Parcel size: 53.4 acres

No. of units: 692

Buyer: Riverbank Apts LP, Riverbank Apts II LP

Seller: Camelot Property Owner LLC, Camelot Property Owner 2 LLC, Camelot Property Owner 3 LLC, Camelot Property Owner 4 LLC

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

DUVAL

$70,000,000

701 San Marco Blvd. and 1200 Prudential Drive, Jacksonville

Type: Prudential Building and parking garage

Parcel size: 14.42 acres

Building size: 1,117,159 square feet

Buyer: Bradford Allen San Marco LLC

Seller: The Prudential Insurance Co. of America

 

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