Jacksonville

Liberty Property Trust Obtains LEED Certification for Property in Jacksonville

Liberty Property Trust has proudly announced that its 7259 Salisbury Road building has earned LEED certification from the U.S. Green Building Council (USGBC) under the New Constructionâ„¢ rating system.

Centerline Funds $6.7M Fannie Mae Loan for Jacksonville M-F Property

The 136-unit Pinewood Pointe Apartments has recently been refinanced by a $6.75 million Fannie Mae fixed-rate, affordable loan provided by Centerline Capital Group—a subsidiary of Centerline Holding Company.

Public-Private Partnership to Add ‘Central Park’ to Brooklyn, Jacksonville Development

A public-private partnership is looking to bring a signature park to historic Brooklyn and to increase the quality of life for residents of the city; Mayor Alvin Brown and Jen Jones—executive director of Jacksonville Unity Plaza Inc.—accepted the deed to the premiere ‘central park’ for Jacksonville at the construction site of 220 Riverside, a mixed-use development aiming to revive Brooklyn.

Improving Jacksonville Industrial Market Attracts 1M SF Distribution Center

Since the Jacksonville Business Journal first reported that a mystery firm is looking to develop a one million-square-foot distribution/warehouse center to the St. Johns Water Management District, this has been the talk of the entire local commercial real estate community.

Nordstrom Adds 35K SF Rack Store to Local Retail Options in Jacksonville

After last year’s announcement that Nordstrom will be opening a 124,000-square-foot, two-level full-line store at St. Johns Town Center, the fashion retailer is now also planning a 35,000-square-foot Nordstrom Rack store at The Markets at Town Center in Jacksonville. The opening date has been set for fall 2013.

Omni Amelia Resort Unveils Outcome of Massive $85M Renovation

Omni Amelia Island Plantation Resort has opened its doors on March 5 to unveil the massive $85 million renovation that consisted of both extensive remodeling work on the entire building and the addition of 155 rooms.

PKY Deerwood Closes on $130M Jacksonville Office Portfolio

Parkway Properties affiliate PKY Deerwood has acquired an eight-building, 1 MSF portfolio in Jacksonville from Flagler for $130 million.

Behringer Harvard Buys 312-Unit M-F Property in Jacksonville

Behringer Harvard has added Wimberly at Deerwood, an apartment community in Jacksonville, to Behringer Harvard Opportunity REIT II Inc.’s portfolio.

NorthMarq Arranges $11.1M Mortgage for Two Orange Park M-F Properties

Real estate financial intermediary NorthMarq has recently arranged a combined acquisition financing of $11.1 million two multifamily properties located in Orange Park, Florida. Financing was based on a 10-year term and a 30-year amortization schedule and was arranged for the borrowers

GoldOller Grabs 555-Unit Jacksonville M-F for $56M

GoldOller Real Estate Investments continues to enhance its portfolio of high-quality multi-family assets in secondary and tertiary markets with the acquisition of Country Club Lakes Apartments in Jacksonville.