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City: Jacksonville
Portofino Club
An affiliate of Odessa Realty Investments has sold the 230-unit Portofino Club apartment property in Jacksonville, Fla., for $28.5 million. The Atlantic Beach, Fla., company, through its Huntington ORI Apartments LLC, sold the 16-building property to a Prosper, Texas, investor ...
1511 Zoo Parkway Unit 500
A venture of The STRO Cos., KRE Group and The Silverman Group has paid $29.5 million, or about $125.14/sf, for the Imerson Park South Building in Jacksonville, Fla. The New Jersey-based venture bought the 235,735-square-foot warehouse from VanTrust Real Estate ...
Avenue at Timberlin Park
The 13-building property sits on 26 acres at 7635 Timberlin Park Blvd. It serves as collateral for a $20.02 million loan that's securitized through FREMF, 2017-K728. The fixed-rate loan pays a coupon of 4.1 percent and matures this month, according ...
Merritt Properties Buys Jacksonville, Fla., Business Park for $19.6Mln
Merritt Properties has purchased the 200,328-square-foot Meridian at Deerwood office park in Jacksonville, Fla., out of receivership for $19.6 million, or $97.84/sf. The sales price first was reported by the Jacksonville Daily Record. The property, as well as the 212,240-sf ...
Flex Office Park in Jacksonville, Fla., Sells for $26.7Mln
Jacksonville Daily Record SunCap Real Estate Investments has bought the 217,691-square-foot Midway 3728 flex office complex in Jacksonville, Fla., for $26.7 million, or about $122.65/sf. The Fort Lauderdale, Fla., company bought the three-building property from RealOp Investments of Greenville, S.C., ...
DRA Sells 4 Jacksonville, Fla., Warehouses for $62Mln
Jacksonville Business Journal DRA Advisors has sold a portfolio of four warehouse properties in the Alta Lakes Commerce Center in Jacksonville, Fla., for $62 million, or about $109.08/sf. The New York company sold the 568,380-square-foot industrial portfolio to Faropoint of ...
Forethought Lends $61.31Mln for Jacksonville, Fla., Industrial Property
Commercial Real Estate Direct Staff Report Forethought Life Insurance Co. has provided $61.31 million of financing to fund Hillwood Development Co.'s $91.73 million purchase of the 1 million-square-foot industrial property at 9909 Pritchard Road in Jacksonville, Fla. The loan was arranged ...
230-Unit Apartment Complex in Jacksonville, Fla., Sold for $28.5Mln
Jacksonville Daily Record An affiliate of Odessa Realty Investments has sold the 230-unit Portofino Club apartment property in Jacksonville, Fla., for $28.5 million. The Atlantic Beach, Fla., company, through its Huntington ORI Apartments LLC, sold the 16-building property to a ...
VanTrust Sells Jacksonville, Fla., Warehouse for $29.5Mln
Jacksonville Business Journal A venture of The STRO Cos., KRE Group and The Silverman Group has paid $29.5 million, or about $125.14/sf, for the Imerson Park South Building in Jacksonville, Fla. The New Jersey-based venture bought the 235,735-square-foot warehouse from ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
