Ramin Kamfar Of Bluerock Real Estate Acquires Four Industrial Properties In Jacksonville For $28.33M

The transaction involved four industrial/showroom properties located at 11732 Beach Boulevard, 11744 Beach Boulevard, 3484 Saland Way, and 3621 Beachwood Court in Jacksonville. The total sale price for these assets was $28,330,000, encompassing approximately 131,759 square feet of space across the four buildings, resulting in a price per square foot of $215. The overall acreage for the properties totals 11.77 acres.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $28,330,000
• Buyer: Ramin Kamfar - Bluerock Real Estate
• Seller: Jeff Berryhill & David Burch - InLight Real Estate Partners
• Square Footage: 131,759
• Price per Square Foot: $215
• Acreage: 11.77
• Portfolio acquired by InLight in 2023 for $21,000,000

The deal was facilitated by Ramin Kamfar representing Bluerock Real Estate as the buyer, while Jeff Berryhill and David Burch represented InLight Real Estate Partners as the sellers. The properties sold include a notable 20,320-square-foot showroom identified as Woodsman Kitchen & Floors, located at 11732 Beach Blvd.