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Florida & Gulf Coast  + Central Florida  + Apartments  | 

Melbourne Multifamily Property Trades for $60M

JLL has arranged the $60 million sale of Highlands Viera West, a 240-unit multifamily property in Melbourne, just due southeast of Orlando.

Located at 2185 Judge Fran Jamieson Way, the apartments are positioned near Florida’s Space Coast, a fast-growing high-tech cluster. The community consists of a two- and three-story, elevator-served garden apartment property. Amenities include a fitness center, clubroom and resort-style pool. The property was constructed in 2008.

Jay Ballard and Ken DelVillar of JLL represented the seller, JMG Realty Inc., in the transaction. The buyer was an affiliate of The ConAm Group.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Acquisition
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