Tuesday, June 28, 2016

HFF arranges $2.8 million sale of mixed-use office and retail center near Jacksonville, FL

 Doctors Inlet Center, Middleburg, FL                              (Photo by Troy Morgan)                 

Whitaker Leonhardt
ORLANDO, FL,  June 28, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged the $2.8 million sale of Doctors Inlet Center, a 95,096-square-foot mixed-use retail and office center in the Jacksonville-area community of Middleburg, Florida.

HFF marketed the asset on behalf of Maple Blue Way, LLC, an entity related to Garrison Investment Group.  Big Score Investors, LLC, a private company based in the Dallas suburb of The Colony, Texas, was the buyer.

Situated on 5.6 acres at 400-420 College Drive, Doctors Inlet Center is located at the epicenter of Clay County’s largest healthcare providers: the 297-bed Orange Park Medical Center, 124-bed St. Vincent’s Medical Clay County and outpatient facilities Nemours Children’s Specialty Care Fleming Island and Baptist Clay Medical Center.  

Constructed in 2006, the center consists of two 47,548-square-foot, two-story buildings and is home to a variety of retail and office tenants, including Anytime Fitness.

The HFF investment sales team representing the seller was led by associate directors Whitaker Leonhardt and Sean Ryan.

”True value-add acquisition opportunities are fewer and further between and continue to command the attention of active investors,” Leonhardt said.  “The center has a good base of existing tenants to build from the quality of construction.”

For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com

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