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| St. John’s Town Center North anchored by Publix and Total Wine & More in Jacksonville, FL |
MIAMI,
FL – JLL Capital Markets announced it has closed the sale of St.
John’s Town Center North, a fully leased, 113,139-square-foot, dominant
shopping center anchored by Publix and Total Wine & More in Jacksonville,
Florida.
JLL represented
the seller, the core portfolio of American Realty Advisors, LLC. An
affiliate of Core Investment Management acquired the property.
St.
John’s Town Center North is situated on 14.19 acres at 4413-4507 Town Center
Parkway North adjacent to St. John’s Town Center.
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| Daniel (Danny) Finkle |
The JLL Capital Markets Investment Sales Advisory team that represented the seller was led by Senior Managing Director Danny Finkle and Senior Director Eric Williams.
“St. John’s Town Center North is a unique asset, given its combination of strong traffic generating anchors in Publix and Total Wine, a number of highly desirable small shop tenants and a prime location within one of the Southeast’s strongest retail submarkets,” Finkle said.
“Grocery-anchored centers of this scale and quality are rare, and St. John’s Town Center North was a coveted acquisition opportunity.”
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| Eric Williams |
Constructed between 2006 and 2007, St. John’s Town Center North is fully leased to anchors Publix, the most sought-after grocery anchor in the Southeast, and Total Wine & More.
Additionally, the property also has three outparcel pads occupied by a Tropea Dental Care, 145-degree Seafood Boil and a national bank.
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CONTACT:
Kimberly
Steele
PR, Capital Markets,
Agency Leasing and
Valuation Advisory
JLL
T
+1 713 852 3420
M
+1 832 244 9994
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