{"id":1004153584,"date":"2016-09-27T01:42:25","date_gmt":"2016-09-27T09:42:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004153584"},"modified":"2021-05-14T21:25:31","modified_gmt":"2021-05-15T05:25:31","slug":"jacksonville-shopping-center-trades-for-25m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/","title":{"rendered":"Jacksonville Shopping Center Trades for $25M"},"content":{"rendered":"<p><em>By Irina Vrasmas<\/em><\/p>\n<div id=\"attachment_1004153585\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004153585\" data-attachment-id=\"1004153585\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/harbour-village-jacksonville-florida\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png\" data-orig-size=\"693,523\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Harbour Village, Jacksonville, Florida\" data-image-description=\"&lt;p&gt;Harbour Village, Jacksonville, Florida&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Harbour Village, Jacksonville, Florida&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png?w=693\" loading=\"lazy\" class=\"wp-image-1004153585 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png\" alt=\"Harbour Village, Jacksonville, Florida\" width=\"300\" height=\"226\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png 693w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png?resize=300,226 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004153585\" class=\"wp-caption-text\">Harbour Village, Jacksonville, Florida<\/p><\/div>\n<p><strong>Jacksonville, Fla.\u2014<\/strong>The Harbour Village shopping center in Jacksonville changed hands for almost $24.9 million. The seller was a joint venture between <a href=\"https:\/\/www.mmgequitypartners.com\/\" rel=\"nofollow noopener\" target=\"_blank\">MMG Equity Partners<\/a> and <a href=\"https:\/\/www.gfinvestments.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Global Fund Investments<\/a>. According to the <em><a href=\"https:\/\/www.bizjournals.com\/jacksonville\/news\/2016\/09\/23\/fresh-market-stein-mart-anchored-shopping-center.html\" rel=\"nofollow noopener\" target=\"_blank\">Jacksonville Business Journal<\/a><\/em>, the property was bought by Cincinnati-based Phillips Edison &amp; Co.<\/p>\n<p>Senior Vice Presidents Dennis Carson and Casey Rosen of CBRE\u2019s <a href=\"https:\/\/www.cbre.us\/services\/capitalmarkets\/national-retail-investment\/Pages\/home.aspx\" rel=\"nofollow noopener\" target=\"_blank\">National Retail Investment Group<\/a>, Florida team, handled the transaction on behalf of the owner.<\/p>\n<p>The asset was previously purchased through a non-performing loan secured from a special servicer in April 2011 for $12.6 million, and changed owners through foreclosure. At the moment of the foreclosure, the shopping center was 86 percent occupied. Through a concerted leasing effort led by GFI, the joint venture managed to obtain 100 percent occupancy.<\/p>\n<p>Harbour Village is a Class A, 113,000-square-foot retail center located at 13475 Atlantic Blvd., at the intersection with San Pablo Road and adjacent to Queen&#8217;s Harbour Yacht &amp; Country Club. The property is currently anchored by Fresh Market and Stein Mart.<\/p>\n<p><em>Image courtesy of MMG Equity Partners<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 113,000-square-foot asset is currently 100 percent leased and is anchored by Fresh Market and Stein Mart.<\/p>\n","protected":false},"author":1090,"featured_media":1004153585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21783,1591,21742,21749],"tags":[],"class_list":["post-1004153584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-investment","category-jacksonville","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Jacksonville Shopping Center Trades for $25M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jacksonville Shopping Center Trades for $25M\" \/>\n<meta property=\"og:description\" content=\"The 113,000-square-foot asset is currently 100 percent leased and is anchored by Fresh Market and Stein Mart.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-27T09:42:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T05:25:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png\" \/>\n\t<meta property=\"og:image:width\" content=\"693\" \/>\n\t<meta property=\"og:image:height\" content=\"523\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Irina Vrasmas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/\"},\"author\":{\"name\":\"Irina Vrasmas\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b1aaff42532ef2234bc4ff33fbc86f36\"},\"headline\":\"Jacksonville Shopping Center Trades for $25M\",\"datePublished\":\"2016-09-27T09:42:25+00:00\",\"dateModified\":\"2021-05-15T05:25:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/\"},\"wordCount\":187,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/Harbour-Village-Jacksonville-Florida.png\",\"articleSection\":[\"Deals\",\"Finance\",\"Investment\",\"Jacksonville\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/\",\"name\":\"Jacksonville Shopping Center Trades for $25M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/Harbour-Village-Jacksonville-Florida.png\",\"datePublished\":\"2016-09-27T09:42:25+00:00\",\"dateModified\":\"2021-05-15T05:25:31+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b1aaff42532ef2234bc4ff33fbc86f36\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/Harbour-Village-Jacksonville-Florida.png\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/Harbour-Village-Jacksonville-Florida.png\",\"width\":693,\"height\":523,\"caption\":\"Harbour Village, Jacksonville, Florida\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jacksonville-shopping-center-trades-for-25m\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jacksonville Shopping Center Trades for $25M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b1aaff42532ef2234bc4ff33fbc86f36\",\"name\":\"Irina Vrasmas\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g\",\"caption\":\"Irina Vrasmas\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/irinavrasmas\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Jacksonville Shopping Center Trades for $25M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/","og_locale":"en_US","og_type":"article","og_title":"Jacksonville Shopping Center Trades for $25M","og_description":"The 113,000-square-foot asset is currently 100 percent leased and is anchored by Fresh Market and Stein Mart.","og_url":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-09-27T09:42:25+00:00","article_modified_time":"2021-05-15T05:25:31+00:00","og_image":[{"width":693,"height":523,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png","type":"image\/png"}],"author":"Irina Vrasmas","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/"},"author":{"name":"Irina Vrasmas","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b1aaff42532ef2234bc4ff33fbc86f36"},"headline":"Jacksonville Shopping Center Trades for $25M","datePublished":"2016-09-27T09:42:25+00:00","dateModified":"2021-05-15T05:25:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/"},"wordCount":187,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png","articleSection":["Deals","Finance","Investment","Jacksonville","News","Retail"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/","url":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/","name":"Jacksonville Shopping Center Trades for $25M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png","datePublished":"2016-09-27T09:42:25+00:00","dateModified":"2021-05-15T05:25:31+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b1aaff42532ef2234bc4ff33fbc86f36"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png","width":693,"height":523,"caption":"Harbour Village, Jacksonville, Florida"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/jacksonville-shopping-center-trades-for-25m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Jacksonville Shopping Center Trades for $25M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b1aaff42532ef2234bc4ff33fbc86f36","name":"Irina Vrasmas","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g","caption":"Irina Vrasmas"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/irinavrasmas\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Harbour-Village-Jacksonville-Florida.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004153584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1090"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004153584"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004153584\/revisions"}],"predecessor-version":[{"id":1004531671,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004153584\/revisions\/1004531671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004153585"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004153584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004153584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004153584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}