Top Commercial Sales of 2023

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 Jan. 1- Dec. 31, 2023.

  • By Daily Record Staff
  • | 12:00 a.m. February 9, 2024
  • | 4 Free Articles Remaining!
Olympus Property bought the Presidium Town Center apartments along AC Skinner Parkway south of Butler Boulevard for $97.5 million. The property is now called Olympus Preserve at Town Center.
Olympus Property bought the Presidium Town Center apartments along AC Skinner Parkway south of Butler Boulevard for $97.5 million. The property is now called Olympus Preserve at Town Center.
Photo by File Image
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DUVAL                       

$97,500,000

7738 AC Skinner Parkway, Jacksonville

Type: Olympus Preserve at Town Center apartments

Parcel size: 17.51 acres

No. of units: 370

Buyer: 7738 AC Skinner Parkway Holdings LLC

Seller: 7738 A.C. Skinner Parkway Propco LLC


DUVAL                        

$95,000,000

1511 Zoo Parkway, Jacksonville

Type: Imeson Park South warehouse

Parcel size: 62.96 acres

Building size: 1,003,200 square feet

Buyer: AK Imeson LLC

Seller: JI IPS Building E LLC


DUVAL                                      

$75,500,000

13525 Bartram Park Blvd., Jacksonville

Type: The Trails at Bartram Park apartments 

Parcel size: 19.65 acres

No. of units: 323

Buyer: CEAI Bartram Park LL

Seller: Centennial Bartram Park LLC

Previous sale: $57,750,000 in 2019


DUVAL                 

$72,000,000

380 Burbank Ave., Jacksonville

Type: Cadence at Nocatee apartments

Parcel size: 14.02 acres

No. of units: 291

Buyer: HG Cadence LLC

Seller: CRP/RW Valley Ridge Owner LLC


DUVAL                             

$64,650,000

9727 Touchton Road, Jacksonville

Type: The Drake at Deerwood

Parcel size: 33.41 acres

No. of units: 322

Buyer: The Drake at Deerwood LP

Seller: WW Deerwood LP

Previous sale: $43,500,000 in 2015


DUVAL                              

$64,003,178

12200 Presidents Court, Jacksonville

Type: Warehouse

Parcel size: 68.14 acres

Building size: 773,662 square feet

Buyer: USICV 12200 Presidents Inc.

Seller: 12200 Presidents Industrial LLC

Previous sale: $46,900,000 in 2019


ST. JOHNS                   

$53,300,000

50 Palm Vista Way, St. Augustine

Type: Camellia World Commerce Center apartments

Parcel size: 11.13 acres

No. of units: 210

Buyer: LVP Camellia Associates LLC

Seller: WCC Palma Vista LLC


DUVAL                                 

$51,646,821

2300 Pickettville Road, Jacksonville 

Type: Warehouse

Parcel size: 69.08 acres

Building size: 600,657 square feet

Buyer: USICV 2300 Pickettville Inc.

Seller: 2300 Pickettville Industrial LLC

Previous sale: $50,400,000 in 2019


ST. JOHNS                 

$49,500,000

117 Vilano Road, St. Augustine/Vilano Beach

Type: Hyatt Place

Parcel size: 1.58 acres

Building size: 203,151 square feet                    

Buyer: Brimstone Partnership LLC

Seller: R&R Hotels LLC


DUVAL                                  


$44,753,776

Braddock and New Kings roads, Jacksonville

Type: Planned residential

Parcel size: Not available

Buyer: DRP Solaris Multistate LLC

Seller: Lennar Homes LLC

 

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