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 Nov. 30 - Dec. 6.

  • By Daily Record Staff
  • | 5:10 a.m. December 10, 2020
  • | 5 Free Articles Remaining!
New York-based The Blackstone Group purchased the Citigate Apartments at 8451 Gate Parkway for $90 million on Nov. 25, a 65.2% increase over its previous sale in 2011.
New York-based The Blackstone Group purchased the Citigate Apartments at 8451 Gate Parkway for $90 million on Nov. 25, a 65.2% increase over its previous sale in 2011.
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DUVAL 

$90,000,000

8451 Gate Parkway W., Jacksonville

Type: Citigate Apartments

Parcel size: 40.24 acres

No. of units: 444

Buyer: BCORE MF Citigate LLC

Seller: Citigate Apartments Property Owner LLC

Previous sale: $54,807,500 in 2011

DUVAL 

$57,700,000

6710 Collins Road, Jacksonville

Type: Westland Park Apartments

Parcel size: 26.71 acres

No. of units: 405

Buyer: Bridge WF FL Westland Park LLC

Seller: G&I VII Westland Park LLC

Previous sale: $24,000,000 in 2012

ST. JOHNS 

$51,588,766

165 Silver Lane, St. Augustine

Type: Silver Creek senior living

Parcel size: 21.34 acres

Building size: 125,490 square feet

Buyer: VS St. Augustine LLC

Seller: Silver Creek St. Augustine LLLP

DUVAL 

$9,275,000

7241 Old Kings Road S., Jacksonville

Type: Kings Crossing Apartments

Parcel size: 8.51 acres

No. of units: 133

Buyer: Kings Crossing Gardens LP

Seller: PC Kings Crossing LLC

Previous sale: $2,350,000 in 2013

ST. JOHNS 

$6,100,000

Bannon Lakes Boulevard, St. Augustine

Type: Undeveloped residential 

Parcel size: 47.94 acres

Buyer: Pulte Home Co. LLC

Seller: RREF III-P-EP Aragon Investments LLC and RREF III-P-EP Cypress Creek Farms LLC

CLAY 

$5,008,500

Amberly Drive, Middleburg

Type: 84 residential lots in Greyhawk Unit 2

Parcel size: Not available

Buyer: Richmond American Homes of Florida LP

Seller: Greyhawk Venture LLC

BAKER 

$3,676,901

13907 Arnold Rhoden Road, Sanderson

Type: Acreage Holdings

Parcel size: 15.41 acres

Building size: 113,546 square feet

Buyer: High Street Capital Partners LLC

Seller: GA 1 Sanderson FL LLC

Previous sale: $3,809,860 in 2019

DUVAL 

$3,490,000

5302 Jammes Road and 6407 103rd St., Jacksonville

Type: Commercial

Parcel size: 2.11 acres

Building size: Two buildings totaling 21,253 square feet

Buyer: Orange Park Medical Center Inc.

Seller: 103 Jammes LLC

Previous sale: $1,500,000 in 2019

ST. JOHNS 

$3,255,000

Albany Bay Boulevard, Saint Johns

Type: 31 residential lots in Twin Creeks North Parcels 10 and 11 Phases 1 and 2

Parcel size: Not available

Buyer: Taylor Morrison of Florida Inc.

Seller: Lennar Homes LLC

ST. JOHNS  

$2,730,866

Longleaf Pine Parkway, Saint Johns

Type: Undeveloped Church of Eleven22

Parcel size: Not available

Buyer: Church of Eleven22 Inc.

Seller: WCI Communities LLC

 

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