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 April 17-23, 2023.

  • By Daily Record Staff
  • | 12:00 a.m. April 27, 2023
  • | 5 Free Articles Remaining!
Southeast Toyota Distributors’ parent company sold two Deerwood warehouses April 14 for almost $34.5 million. Bain Capital Private Equity of Boston bought the properties through ROIB2 Deerwood LLC. Southeast Toyota uses the buildings as parts distribution centers.
Southeast Toyota Distributors’ parent company sold two Deerwood warehouses April 14 for almost $34.5 million. Bain Capital Private Equity of Boston bought the properties through ROIB2 Deerwood LLC. Southeast Toyota uses the buildings as parts distribution centers.
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DUVAL

$24,695,000

8040 Bayberry Road, Jacksonville

Type: Southeast Toyota warehouse

Parcel size: 14.15 acres

Building size: 396,016 square feet

Buyer: ROIB2 Deerwood LLC

Seller: The SET Land Trust Agreement


CLAY

$9,800,000

868 Blanding Blvd., Orange Park

Type: Ridgecrest Plaza shopping center

Parcel size: 10.1 acres

Building size: 110,650 square feet

Buyer: BG Lakeside LLC

Seller: BVA Ridgecrest LLC

Previous sale: $8,000,000 in 2018


DUVAL

$9,750,000

8019 Bayberry Road, Jacksonville

Type: Southeast Toyota warehouse

Parcel size: 4.89 acres

Building size: 142,078 square feet

Buyer: ROIB2 Deerwood LLC

Seller: The JMFE Land Trust Agreement

Previous sale: $3,450,000 in 1986


CLAY

$8,622,000

Sandridge Road, Green Cove Springs

Type: 103 residential lots in Granary Park Phase 2A 

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: Sandridge Land Developers LLC


ST. JOHNS

$3,689,248

870 and 890 Florida 16, St. Augustine

Type: Planned commercial

Parcel size: 2 acres

Buyer: Memorial Healthcare Group Inc.

Seller: Glenn F. and Vivian S. Lightsey Trust and Glenn F. and Vivian S. Lightsey


DUVAL

$3,313,254

14011 Beach Blvd., Nos. 310, 320, 330 and 340, Jacksonville

Type: Morgar Professional Center medical office condominium

Office condo size: 8,946 square feet

Buyer: Wahoo Properties of Jacksonville LLC

Seller: Morgar Professional Center LLC


CLAY

$3,255,960

Cherry Ridge Drive, Orange Park

Type: 16 rental homes in Grove Pointe Oakleaf Phase 2

Parcel size: Not available

Building size: Not available

Buyer: Upward America Southeast Property Owner LP

Seller: Standard Pacific of Tampa LLC


DUVAL

$2,608,000

11193 St. Johns Industrial Parkway, Jacksonville

Type: Warehouse

Parcel size: 1.7 acres

Building size: 16,480 square feet

Buyer: The Chef’s Garden of Jacksonville Inc.

Seller: JCLA LLC

Previous sale: $1,200,000 in 2020


ST. JOHNS

$2,500,000

10575 Old Dixie Highway, Ponte Vedra Beach

Type: Industrial office/warehouse

Parcel size: 2.8 acres

Building size: 11,604 square feet

Buyer: Tayash Properties LLC

Seller: 10575 Old Dixie LLC

Previous sale: $1,100,000 in 2000


ST. JOHNS

$2,467,952

Brandon Lakes Drive, St. Augustine

Type: 24 residential lots in Silver Landing and Phases 2A and 2B

Parcel size: Not available

Buyer: Dream Finders Homes LLC

Seller: JEN Florida 43 LLC

 

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