Jacksonville
New York Investor Sells Jacksonville Apartment Asset
New York-based Quad Property Group divested Promenade Park Avenue, a 105-unit, garden-style multifamily property in Jacksonville’s Orange Park community for… Read more
Broadshore Buys Jacksonville Value-Add Apartment Property for $37M
Los Angeles-based Broadshore Capital Partners acquired Victoria at Orange Park in Jacksonville for $37.1 million. The apartment community offers 280-units… Read more
Top Broker Honoree: NKF’s Avery Klann, Hampton Beebe, Patrick Dufour
Avery Klann, Hampton Beebe and Patrick Dufour lead NKF’s Multifamily Investment Sales Teams throughout Florida. The statewide team, with offices… Read more
JLL Closes Sale of Grainger-Occupied Facility in Jacksonville
Grainger Distribution Center, a new, fully-leased, Class A, 297,000-square-foot industrial facility in Jacksonville, has traded hands. The seller was a… Read more
CBRE Brokers Sale of 156-Unit Jacksonville MF Property
CBRE has arranged the sale of Ocean Blue Apartments, a 156-unit multifamily property on Jacksonville’s Atlantic Beach. The sales price… Read more
Colliers Arranges Sale of 63K-SF Shopping Center in Jacksonville
Colliers International has brokered the sale of Mandarin Central, a 63,346-square-foot shopping center in Jacksonville. The sales price was not… Read more
Jacksonville Office Tower Trades for $67M
Miami-based Easton & Associates has brokered the $67 million sale of 841 Prudential, a 20-story office tower in Jacksonville. Built… Read more
Starwood REIT Snags Southeast Affordable Housing Portfolio for $461M
Starwood Real Estate Income Trust Inc. (SREIT) has acquired an 18-property, 3,336-unit affordable housing portfolio in Florida and North Carolina.… Read more
Novel Coworking Acquires 53K-SF Office Building in St. Petersburg
Coworking company Novel Coworking has acquired a five-story office building in downtown St. Petersburg for an undisclosed price. Located at… Read more
SREIT Acquires 3,300 Affordable Units in Southeast
Starwood Real Estate Income Trust (SREIT) acquired a stabilized Southeast affordable housing portfolio with 3,336 units across 18 Sun Belt… Read more
Ferber To Develop 70-Acre MXU Project in Jacksonville
Privately-held real estate development and investment company Ferber Co. has announced plans for Durbin Creek Crossing, a 70-acre mixed-use development… Read more
Container Traffic Slides on Factory Shutdowns Over Coronavirus
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are… Read more
NorthMarq Secures $26M Refinancing for Gainesville Student Housing Property
NorthMarq has secured a $26 million loan to refinance College Park at Midtown, a 300-bed student housing property in Gainesville.… Read more
TPG Acquires Jacksonville Office Property for $107M
San Francisco-base REIT TPG Real Estate has acquired Town Center One & Two, a 374,123-square-foot office property in Jacksonville. The… Read more
Berkadia Secures $22M Acquisition Loan for Jacksonville MF Community
Berkadia has arranged $21.5 million in acquisition financing for Charter Landing Apartments, a 332-unit multifamily community in Jacksonville. Brad Williamson… Read more
Carter Multifamily Sells Jacksonville Apartment Property for $16M
Carter Multifamily (CMF) has sold Peppertree Lane, a 168-unit multifamily property in Jacksonville for $16.2 million. The buyer was undisclosed.… Read more
Colliers: Jacksonville’s Office Availability Rate Remains Historically Low
The Jacksonville office market closed out 2019 with a 10.7% availability rate, which is the lowest rate the market has… Read more
Quad Property Group Acquires Jacksonville MF Property for $16M
Quad Property Group has acquired The Palms at 2800, a 168-unit multifamily community in Jacksonville. The sales price was $16.2… Read more
NKF Brokers $7M Sale of Jacksonville MF Portfolio
NKF has arranged the $6.7 million sale of the 122 West Portfolio, a five property, 122-unit multifamily portfolio in Jacksonville.… Read more