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Florida & Gulf Coast  + Jacksonville + North Florida  + Apartments  |  October 28, 2022
FrontRange Capital has acquired The Southerly at Southbank community at 959 Prudential Drive in Jacksonville, FL.
Lisa McDuffie
By: Lisa McDuffie

FrontRange Capital Splurges on Newly Built Riverfront Residence in Jacksonville

FrontRange Capital has acquired The Southerly at Southbank, a new riverfront community at 959 Prudential Drive in Jacksonville, FL.

Cliff Taylor and Joe Ayers of CBRE represented the developer, Ventures Development Group, in the transaction.

“With several dynamic projects underway within the Central Business District, from master-planned public spaces to high-end hospitality, now is a great time for investors like FrontRange Capital Partners to acquire high-profile assets in downtown Jacksonville,” said Ayers.

The Southerly at Southbank is located along the St. Johns River and offers pool, game room, health and wellness center, dog park and pet spa, and smart home technology.

The 185-unit property sits adjacent to Baptist Health medical complex, the MD Anderson Cancer Center, Wolfson Children’s Hospital and Nemours Children’s Health. Residents have nearby access to a new dedicated pedestrian bridge spanning the St. Johns River, connecting The Southerly at Southbank to the Riverside neighborhood and the Riverside Arts Market.

Read More News Stories About: CBRE
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CBRE's Ayers

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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