Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval and Nassau and St. Johns counties. The sales were recorded April 1-June 30.
JACKSONVILLE, FL - Los Angeles-based Element Property Company has acquired Kernan Oaks apartments in the Southside submarket of Jacksonville, Florida, with plans to convert the community from a 70/30 mix of traditional apartments and student housing/co-living into 100% conventional market-rate apartments. Element has implemented a similar conversion strategy at two other properties.
The 361-unit garden apartment community was built in 1997. It’s highly amenitized with two resort-style.
Here are the top 10 commercial real estate sales in Northeast Florida, comprising Clay, Duval and St. Johns counties. The sales were recorded May 16-22, 2022.