Highland Square shopping center sold for $22.7M


Highland Square
Highland Square
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American Commercial Realty Corp. bought the Highland Square shopping center Wednesday for almost $22.7 million, adding a second retail plaza to its Jacksonville holdings.

The center, at 1010 Dunn Ave. in North Jacksonville, totals about 262,000 square feet. Three stand-alone retailers on the property boost the total building area to 277,554 square feet, according to American Commercial Realty.

Palm Beach Gardens-based American Commercial Realty bought the property through Highland Square SC LLC from DLC Management of Tarrytown, N.Y.

Highland Square, at 1010 Dunn Ave., is anchored by Publix Super Markets Inc. and includes dd’s Discount, Bealls Outlet and Family Dollar as anchor tenants.

American Commercial Realty says at amcomrealty.com that 750 to 26,227 square feet is available for lease at Highland Square.

American Commercial Realty will handle leasing.

The company bought the University Boulevard West center in May 2015. That center, at 5939 University Blvd. W., is anchored by Winn-Dixie.

 

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