North Florida Commercial Real Estate News

JLL Capital Markets announced today that it has closed the sale of 4150 Perimeter Industrial Pkwy, a 260,000-square-foot distribution center in Jacksonville

JLL Capital Markets Completes Sale of 260k-SF Jacksonville Industrial Facility

By Angela Noote | May 23, 2023 JLL Capital Markets announced today that it has closed the sale of 4150 Perimeter Industrial Pkwy, ...Read more

Ability Housing, a nonprofit developer of affordable multifamily housing, has named Thomas J. Daly, Jr. its new Chief Operating Officer

Ability Housing Names Thomas J. Daly, Jr. as COO

By Angela Noote | May 23, 2023 Ability Housing, a nonprofit developer of affordable multifamily housing, has named Thomas J. Daly,...Read more

Cross Region Group Breaks Ground on Duval Station Medical and Retail Center in North Jacksonville

By Angela Noote | April 14, 2023 Construction is underway at Duval Station, a mixed-use development from Cross Regions Group offerin...Read more

NAI Hallmark Brokers Sale of Cedar Hill Apartments

By Angela Noote | April 10, 2023 NAI Hallmark has brokered the sale of Cedar Hill Apartments, a 113-unit multifamily property in Jac...Read more

Merritt buys 16 acres in Imeson Landing Business Park to expand portfolio

Merritt Properties to Expand Its Jacksonville Business Park Portfolio

By Mike Boyd | March 31, 2023 Merritt Properties thinks it has a good thing going in Jacksonville and is going to stick with it. ...Read more

Chris Neidhardt Joins Cantrell & Morgan as Development Principal

By Paul Bubny | March 29, 2023 Chris Neidhardt has joined Jacksonville, FL-based Cantrell & Morgan, Inc as development princip...Read more

JB Capital Management has purchased the Perimeter West Building 2 distribution center in Jacksonville, FL.

JB Capital Management Acquires Newly Completed Distribution Center in Jacksonville

By Lisa McDuffie | March 13, 2023 New York, NY-based real estate investor and developer JB Capital Management has purchased Perimeter...Read more

Columbia Residential has secured $49 million in financing to construct an affordable housing property in Tallahassee, FL.

Columbia Residential Secures $49M for Tallahassee Affordable Community

By Lisa McDuffie | March 09, 2023 Columbia Residential, a partner of the Tallahassee Housing Authority, has secured $49 million in fi...Read more

RangeWater Real Estate has closed on a 28.61-acre property in the San Jose neighborhood of Jacksonville, FL to build a 280-unit multifamily.

RangeWater Real Estate’s Sixth Jacksonville Community to Rise in San Jose

By Lisa McDuffie | February 24, 2023 RangeWater Real Estate has closed on a 28.61-acre property in the San Jose neighborhood of Jacksonv...Read more

Koda Capital has acquired River City Landing Apartments located across from Jacksonville University in Jacksonville, FL, for $30.9 million.

Koda Capital Acquires Jacksonville Multifamily for $31M

By Lisa McDuffie | February 13, 2023 Hollywood, FL-based real estate investment firm Koda Capital has acquired River City Landing Apartm...Read more

Charles Street Development Co., LLC and ACRES Realty Funding, Inc. have secured $63 million in financing to build Renegade Apartments in Tallahassee, FL near FSU.

Partners Secure $63M Blend of C-PACE, Construction Loans for Apartments near FSU in Tallahassee

By Lisa McDuffie | February 07, 2023 Charles Street Development Co., LLC and ACRES Realty Funding, Inc. have secured $63 million in a co...Read more

Stiles Corporation and Cantrell & Morgan have sold the Parkway Village at St. Johns, a Publix-anchored retail center located in St. Augustine, FL, for $24.1 million.

Stiles Corporation, Cantrell & Morgan Sell 2022-Built Retail Center in St. Augustine for $24M

By Lisa McDuffie | February 01, 2023 Joint venture partners Stiles Corporation and Cantrell & Morgan have sold the Parkway Village a...Read more

Laura Gonzales has joined Matthews Real Estate Investment Services as market leader and will be opening the company’s new Jacksonville office.

Matthews Real Estate Investment Services Taps Laura Gonzales to Open Jacksonville Office

By Lisa McDuffie | January 30, 2023 Matthews Real Estate Investment Services, a commercial real estate investment services and technolo...Read more

GBT Realty Corporation has sold the 243,000-square-foot Governor’s Marketplace shopping center in Tallahassee, FL for $34 million to a private investor.

GBT Realty Corporation Unloads Tallahassee Power Retail Center for $34M

By Lisa McDuffie | January 25, 2023 Brentwood, TN-based GBT Realty Corporation has sold the 243,000-square-foot Governor’s Marketplac...Read more

Fincapital Investments has acquired Magnolia Point Apartments in Jacksonville, FL for $37.7 million.

Fincapital Investments Acquires $38M Jacksonville Multifamily from Simplicity Capital

By Lisa McDuffie | January 11, 2023 Fincapital Investments has acquired Magnolia Point Apartments, a 227-unit multifamily property loca...Read more

Quad Property Group has sold The Palms at 2800 Apartments in Jacksonville, FL for $29 million.

Quad Property Group Takes $29M for 168-Unit Multifamily in Jacksonville

By Lisa McDuffie | January 09, 2023 Quad Property Group has sold The Palms at 2800 Apartments, 168-unit multifamily property is located...Read more

BTI Partners, LLC has paid $85 million for Governors Park, a 3,307-acre tract in Jacksonville, FL. approved for single family, multifamily, retail, office, hotel and light industrial development.

BTI Partners Pays $85M for 3,307 Acres in Jacksonville Primed for Development

By Lisa McDuffie | January 03, 2023 Fort Lauderdale, FL-based developer BTI Partners, LLC has paid $85 million for Governors Park, a 3,...Read more

Scott Henley has joined CBRE to serve as a SVP in the firm’s Jacksonville, FL office.

CBRE Welcomes Scott Henley as SVP for Office Leasing Efforts in Jacksonville, FL

By Lisa McDuffie | December 15, 2022 CBRE has hired Scott Henley to serve as a SVP in the firm’s Jacksonville, FL office. Henley repre...Read more

William Bruce has joined the Jacksonville, FL office of Capstone Companies as investment sales advisor.

Capstone Companies Adds William Bruce as Investment Sales Advisor in Jacksonville

By Lisa McDuffie | December 08, 2022 Charlotte, NC-based Capstone Companies, a privately owned multifamily brokerage, has added William ...Read more

Timber Hill Group and Champion Realty Advisors have secured a national railway company for a build-to-suit lease in Jacksonville, FL.

Timber Hill Group, Champion Realty Advisors Sign Build-To-Suit Taker for Jacksonville Yard

By Lisa McDuffie | December 05, 2022 Timber Hill Group and Champion Realty Advisors have signed a national railway company to a long-ter...Read more

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