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 Aug. 1-7, 2022.

  • By Daily Record Staff
  • | 3:30 a.m. August 11, 2022
  • | 5 Free Articles Remaining!
Mishorim Gold Jacksonville LP sold the Regency Court Shopping Center for $23.1 million after buying it for $5 million in 2017. Mishorim Gold sold the property July 28 to Blue Reef Group Inc. of Toronto.
Mishorim Gold Jacksonville LP sold the Regency Court Shopping Center for $23.1 million after buying it for $5 million in 2017. Mishorim Gold sold the property July 28 to Blue Reef Group Inc. of Toronto.
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DUVAL

$23,000,000

9200-9398 Arlington Expressway, Jacksonville

Type: Regency Court Shopping Center

Parcel size: 17.37 acres

Building size: 220,000 square feet

Buyer: Blue Reef Group Inc.

Seller: Mishorim Gold Jacksonville LP

Previous sale: $5,000,000 in 2017

DUVAL

$12,650,000

4949 Blanding Blvd., Jacksonville

Type: Office/school

Parcel size: 11.94 acres

Building size: 101,781 square feet

Buyer: IPS Florida LLC

Seller: VyStar Credit Union

ST. JOHNS

$12,250,000

137 San Marco Ave., St. Augustine

Type: Villa 1565 Hotel

Parcel size: 2.66 acres

Building size: 33,023 square feet

Buyer: NDRVN LLC

Seller: Mohini Hospitality LLC

Previous sale: $2,651,962 in 2005

ST. JOHNS

$8,860,000

Johns Island Parkway, St. Augustine

Type: 96 residential lots in Courtney Oak & Courtney Chase SilverLeaf parcels 7A-7B

Parcel size: Not available

Buyer: Intervest Construction of Jax Inc.

Seller: Land Planners Development II Inc.

DUVAL

$8,627,389

1251 W. Church St., 1355, 1357 and 1401 W. Beaver St., 820 Barnett St. and Minnie Street, Jacksonville

Type: Industrial

Parcel size: 15.33 acres

Building size: 241,107 square feet

Buyer: MBRE of Jax LLC

Seller: Load King Manufacturing Co.

DUVAL

$7,300,000

8765 Baymeadows Road, Jacksonville

Type: Studio 6 motel

Parcel size: 5 acres

Building size: 47,294 square feet

Buyer: Bhavani Jacksonville LLC

Seller: G6 Hospitality Property LLC

Previous sale: $3,804,400 in 2012

DUVAL

$7,100,000

4646 Moncrief Road, Jacksonville

Type: Majestic Plaza apartments

Parcel size: 2.58 acres

No. of units: 96

Buyer: 4646 Moncrief LLC

Seller: Majestic Plaza Apt FL LLC

Previous sale: $4,900,000 in 2020

DUVAL

$6,000,000

Busch Drive North, North Main Street and Van Dyck Road, Jacksonville

Type: Planned industrial

Parcel size: 30.17 acres

Buyer: Jacksonville Imeson Propco LLC

Seller: Industrial Park Investments Inc. and Imeson International Industrial Park Inc.

DUVAL

$5,150,000

10690 Lem Turner Road, Jacksonville

Type: Family Dollar Center

Parcel size: 5.67 acres

Building size: 59,490 square feet

Buyer: Gummakonda Properties Inc.

Seller: West Palm Property Investments Inc.

Previous sale: $3,600,000 in 2019

DUVAL

$4,750,000

243 Lane Ave. N., Jacksonville

Type: Warehouse

Parcel size: 5.16 acres

Building size: 105,583 square feet

Buyer: North Lane Holdings LLC, North Lane NM LLC and 3765 Partners LLC

Seller: 243 North Lane Corp.

 

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