Top commercial sales of the week

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 June 26-July 2, 2023.

  • By Daily Record Staff
  • | 12:00 a.m. July 6, 2023
  • | 5 Free Articles Remaining!
Madison Manor apartments at 7400 Hogan Road sold for $17.78 million on June 22. Madison Manor LTD. Lincoln Avenue Capital Management of Santa Monica, California, bought the property through Madison Manor Apartments LLC.
Madison Manor apartments at 7400 Hogan Road sold for $17.78 million on June 22. Madison Manor LTD. Lincoln Avenue Capital Management of Santa Monica, California, bought the property through Madison Manor Apartments LLC.
  • Real Estate
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DUVAL

$17,782,500

7400 Hogan Road, Jacksonville

Type: Madison Manor Apartments

Parcel size: 11.81 acres

No. of units: 160

Buyer: Madison Manor Apartments LLC

Seller: Madison Manor Ltd.

DUVAL

$16,238,815

Red Bird Lane, Jacksonville

Type: 53 rental homes in Westlake Landing

Parcel size: Not available

Building size: Not available

Buyer: SFR V Tranche 5 Borrower LLC

Seller: DHIR North Florida I LLC

CLAY

$6,565,000

1091 Oakleaf Plantation Parkway, Orange Park

Type: Commercial

Parcel size: 1.61 acres

Building size: 16,568 square feet

Buyer: Orange Park Medical Center Inc.

Seller: Hari OM

Previous sale: $1,000,000 in 2015

DUVAL

$6,060,000

9432 and 9424 Baymeadows Road, Jacksonville

Type: Baywood Center office

Parcel size: 3.51 acres

Building size: 52,324 square feet

Buyer: Memorial Healthcare Group Inc.

Seller: Acorn Baywood LLC

DUVAL

$4,100,000

10550 Deerwood Park Blvd., Jacksonville

Type: Greystone office Building 200

Parcel size: 2.43 acres

Building size: 35,446 square feet

Buyer: 10550 Deerwood Park LLC

Seller: ADT LLC

Previous sale: $4,600,000 in 2004

DUVAL

$4,005,000

8767 Perimeter Park Blvd., Jacksonville

Type: Medical office

Parcel size: 1.19 acres

Building size: 11,218 square feet

Buyer: Advenir MOB at Jacksonville LLC

Seller: Jax IVC Real Estate Holdings LLC

Previous sale: $1,750,000 in 2016

DUVAL

$3,421,053

11402 San Jose Blvd., Jacksonville

Type: Convenience store

Parcel size: 0.4 acre

Building size: 4,882 square feet

Buyer: Caneron-SQRL Jacksonville LLC

Seller: Standard Development Co. LLC

Previous sale: $1,275,000 in 2007

CLAY

$2,851,960

Cherry Ridge Drive, Orange Park

Type: 13 rental homes

Parcel size: Not available

Building size: Not available

Buyer: Upward America Southeast Property Owner LP

Seller: Standard Pacific of Tampa LLC

DUVAL

$2,600,000

6319 Garden St., Jacksonville

Type: Planned residential

Parcel size: 157.79 acres

Buyer: KB Home Jacksonville LLC

Seller: Shane Thomas, the Joseph E. Joyner Trust, Wayne Joyner, Diane Thomas, Sandra G. Joyner, Billy S. Thomas and the Madlyn L. Joyner Revocable Trust

DUVAL

$2,025,000

11402 San Jose Blvd., Jacksonville

Type: Convenience store

Parcel size: 0.4 acre

Building size: 4,882 square feet

Buyer: Standard Development Co. LLC

Seller: M&R United Inc.

Previous sale: $1,275,000 in 2007

 

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