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FFG Expands Downtown Footprint, Signs 38K Lease in SunTrust Tower

FFG Expands Downtown Footprint, Signs 38K Lease in SunTrust Tower

Financial services corporation Foundation Financial Group is pursuing its aggressive development goals by increasing its presence in downtown Jacksonville. According to a recent announcement, the company has recently signed for 38,000 square feet in the SunTrust Tower, which will accommodate about 150 people per floor.…

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Elco Landmark Buys Multifamily Assets Totaling $100M from Equity Residential

Elco Landmark Buys Multifamily Assets Totaling $100M from Equity Residential

Consistent with its strategy of acquiring apartment communities in quality locations throughout the Southeast, Elco Landmark Residential has recently closed on the acquisition of four multifamily properties in two separate transactions with Equity Residential for a combined price of approximately $100 million.…

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364-Acre Ranch Retreat Sells at Auction

364-Acre Ranch Retreat Sells at Auction

Anabelle Island, a 364-acre private ranch estate located 30 minutes south of Jacksonville, recently changed hands at an auction.…

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DeBartolo, Liberty Group JV Buys Jacksonville’s Holiday Inn Express

DeBartolo, Liberty Group JV Buys Jacksonville’s Holiday Inn Express

DeBartolo Development L.L.C., in a joint venture with Liberty Group as operating partner, has acquired the Holiday Inn Express and Suites Jacksonville-Blount Island.…

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MAA Joins Hallmark, Bristol on Development of $37M Mixed-Use Project

MAA Joins Hallmark, Bristol on Development of $37M Mixed-Use Project

Less than a week before groundbreaking, a major multifamily player is added to the construction team of the newest residential and retail project in the Brooklyn area of downtown Jacksonville.…

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LandSouth Starts Work on New $21M Apartment Community in Jacksonville

LandSouth Starts Work on New $21M Apartment Community in Jacksonville

LandSouth Construction will be bringing new housing options to Jacksonville residents. The company has officially started work on a $21 million community at the southwest corner of J. Turner Boulevard and Southside Boulevard.…

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Dalfen America Makes Opportunistic Investment in 240,000-Sq.-Ft. Distribution Center

Dalfen America Makes Opportunistic Investment in 240,000-Sq.-Ft. Distribution Center

Dalfen America Corp. recently acquired a 240,000-square-foot, Class A distribution center on Jacksonville’s Northside.…

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Prudential Mortgage Provides $10.5M Loan for Palatine Acquisition

Prudential Mortgage Provides $10.5M Loan for Palatine Acquisition

Prudential Mortgage Capital Co. has originated a $10.5 million Fannie Mae loan for an affiliate of Palatine Capital Partners Management LLC to finance its purchase of The Villas at Dames Point Crossing apartment community.…

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Nordstrom to Move into Simon Property’s St. Johns Town Center

Nordstrom to Move into Simon Property’s St. Johns Town Center

A 124,000-square-foot, two-level Nordstrom full-line store is heading for St. Johns Town Center in fall 2014, company officials announced.…

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Carlyle Group Buys Lender-Owned Independent Living Community for $19M

Carlyle Group Buys Lender-Owned Independent Living Community for $19M

The Carlyle Group has purchased the lender-owned independent living community Brighton Bay for $19 million. The sales price represents $102,703 per unit or $85 per square foot.…

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Bell Partners Adds $38.6M Apartment Community to Its Portfolio

Bell Partners Adds $38.6M Apartment Community to Its Portfolio

Bell Partners Inc. has purchased Villas of St. Johns Apartments for a reported amount of $38.6 million. The company, which acquired the property on behalf of its investors, will be renaming the property Bell Riverside.…

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Royston Group Lists Best Buy-Anchored Net Lease Property

Royston Group Lists Best Buy-Anchored Net Lease Property

The Royston Group has listed for sale a 45,687-square-foot single-tenant net lease retail box leased to electronics juggernaut Best Buy.…

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