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 Oct. 13-19, 2025.


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  • | 12:00 a.m. October 23, 2025
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The Margo Garden Products distribution center in North Jacksonville sold Oct. 14 for $49.3 million. The buyer is Atlanta-based MDH Partners through MDH F3 Dune South LLC. MDH Partners says it is a real estate investment firm that targets industrial and logistics properties for institutional investors. It has 35 million square feet of properties under management.
The Margo Garden Products distribution center in North Jacksonville sold Oct. 14 for $49.3 million. The buyer is Atlanta-based MDH Partners through MDH F3 Dune South LLC. MDH Partners says it is a real estate investment firm that targets industrial and logistics properties for institutional investors. It has 35 million square feet of properties under management.
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DUVAL

$49,300,000

10501 Cold Storage Road, Jacksonville


Type: Warehouse

Parcel size: 25.95 acres

Building size: 556,016 square feet

Buyer: MDH F3 Dune South LLC

Seller: Cold Storage Road LLC

Previous sale: $43,900,000 in 2020


DUVAL

$7,750,000

9428 Baymeadows Road, Jacksonville


Type: Office

Parcel size: 5.54 acres

Building size: 120,485 square feet

Buyer: 9428 Baymeadows Road II LLC

Seller: Acorn Baywood LLC

Previous sale: $6,800,000 in 2010


DUVAL

$4,500,000

5409 Highway Ave., Jacksonville


Type: Industrial

Parcel size: 3 acres

Building size: 55,287 square feet

Buyer: BRI Highway Ave LLC

Seller: 5409 Highway Owner LLC

Previous sale: $2,850,000 in 2022


NASSAU

$3,439,000

Wildworks Avenue, Yulee


Type: Wildlight Commerce Park Parcel A-1

Parcel size: 18.12 acres

Buyer: WLD201 LLC

Seller: Yulee Industrial Land 1 LLC


DUVAL

$2,439,346

Stillwood Pines Boulevard, Jacksonville


Type: 17 residential lots in SEQ Residential Phase 2A

Parcel size: Not available

Buyer: Weekley Homes LLC

Seller: CND-ICI SEQ LLC


DUVAL

$2,000,000

14801 N. Main St., Jacksonville


Type: Planned charter school

Parcel size: 7.08 acres

Buyer: Harbour Pointe Charter Academy Inc.

Seller: 17 Signature LLC

Previous sale: $324,500 in 2016


DUVAL

$2,000,000

5042 Weebers Crossing Drive, Jacksonville


Type: Valvoline Instant Oil Change

Parcel size: 2.33 acres

Building size: 2,906 square feet

Buyer: 938 Market Street LLC

Seller: PGP Jacksonville TC LLC


DUVAL

$1,990,000

6655 Blanding Blvd., Jacksonville


Type: Commercial

Parcel size: 3.76 acres

Building size: 4,304 square feet

Buyer: Cars Dev1 LLC

Seller: Robert N. Hawkinson and James E. Hawkinson LLP

Previous sale: $290,000 in 1998


DUVAL

$1,600,000

830 and 862 Cassat Ave., Jacksonville


Type: Commercial

Parcel size: 1.05 acres

Building size: 21,300 square feet

Buyer: 830 Cassat Avenue LLC

Seller: Martin D. Cavanaugh, Warren L. Popwell, Dennis H. Cavanaugh, Charles W. and Lucille J. Cavanaugh Family Trust and Warren L. Popwell Living Trust


DUVAL

$1,200,000

Quiet Country Lane, Jacksonville


Type: Residential

Parcel size: 21.9 acres

Buyer: Coastal Group LLC

Seller: Angela H. and John H. Schultz

 

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