Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval and St. Johns counties. The sales were recorded Jan. 6-10.

  • By Scott Sailer
  • | 5:20 a.m. January 16, 2020
  • | 5 Free Articles Remaining!
The Town Center One and Two buildings at 5335 and 5555 Gate Parkway sold for a total of $107.1 million to San Francisco-based TPG Real Estate on Jan. 7.
The Town Center One and Two buildings at 5335 and 5555 Gate Parkway sold for a total of $107.1 million to San Francisco-based TPG Real Estate on Jan. 7.
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DUVAL

$64,520,000

5335 Gate Parkway, Jacksonville

Type: Town Center Two office

Parcel size: 14.12 acres

Building size: 223,962 square feet

Buyer: Jacksonville Town Center 2 PROPCO LLC

Seller: JO Town Center Two LLC

DUVAL

$42,605,000

5555 Gate Parkway, Jacksonville

Type: Town Center One office

Parcel size: 10.59 acres

Building size: 160,196 square feet

Buyer: Jacksonville Town Center 1 PROPCO LLC

Seller: JO Town Center 160 LLC

DUVAL

$37,900,000

4875, 4887 and 4899 Belfort Road, Jacksonville

Type: Butler Plaza

Parcel size: 16.91 acres

Building size: Three buildings totaling 261,795 square feet

Buyer: Jacksonville Butler PROPCO LLC

Seller: LSOP 3 FL 2 LLC

CLAY

$19,950,229

3649 U.S. 17, Fleming Island

Type: Allegro Senior Living at Fleming Island

Parcel size: 11.81 acres

Building size: Nine buildings totaling 133,193 square feet

Buyer: KAPG Fleming Island Senior Housing LLC

Seller: SHP IV Fleming Island LLC

Previous sale: $30,420,000 in 2012

DUVAL

$19,922,600

8801 Southside Blvd., Jacksonville

Type: Timberlin Village Shopping Center

Parcel size: 10.31 acres

Building size: 118,083 square feet

Buyer: Edison JAFL001 LLC

Seller: Bed Bath & Beyond Inc.

Previous sale: $13,500,000 in 2011

DUVAL

$13,900,000

12128 New Berlin Road, Jacksonville

Type: TRUaire Industries Inc.

Parcel size: 13.6 acres

Building size: 216,320 square feet

Buyer: U&Y Investment FL LLC

Seller: Stone Mountain Industrial Park Inc.

DUVAL

$11,059,600

2600 Art Museum Drive, Jacksonville

Type: The Woodlands apartments

Parcel size: 10.44 acres

Buyer: Jacksonville 202 LLC

Seller: Consolidated Property Investments LLC

Previous sale: $4,700,000 in 2002

DUVAL

$9,400,000

6045 Bowdendale Ave., Jacksonville

Type: Bottling company

Parcel size: 12.4 acres

Building size: Three buildings totaling 113,521 square feet

Buyer: Veyron/KDP I Partners LLC

Seller: The American Bottling Co.

DUVAL

$8,606,677

Pescara Drive, Jacksonville

Type: 83 single-family lots in Bella Nika and Bella Ana at Tamaya

Parcel size: Not available

Buyer: HCC Tamaya Residential LLC

Seller: Tamaya Loan Acquisition LLC

DUVAL

$6,200,000

7735 Westside Industrial Drive, Jacksonville

Type: Veritiv packaging

Parcel size: 9.72 acres

Building size: 113,486 square feet

Buyer: WS7735 LLC

Seller: Stone Mountain Industrial Park Inc. 

 

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