Kenneth L. Stiles, Win Kelly, And Jim Loftin Acquire 93 Acres In St. Johns For $45M

The transaction involves the sale of 93 net developable acres of land across six parcels located at International Golf Parkway near Interstate 95 in the St. Johns market. The total sale price for this property is $45,000,000. This portfolio includes the 40-acre Legends Landing retail site at World Commerce Center, which comes with existing DRI entitlements and allows for phased mixed-use development encompassing retail, multifamily, hotel, office, and medical facilities.

Summary of transation details:

• Property Type: Land
• Transaction Amount: $45,000,000
• Asset Size: 93 acres
• Address: International Golf Parkway near Interstate 95
• Market: St. Johns

The buyer group for this transaction includes Kenneth L. Stiles from Stiles, Win Kelly from FCA Partners, and Jim Loftin from Cantrell & Morgan. Their acquisition consolidates control of one of Northeast Florida’s largest fully entitled commercial land holdings, enabling strategic development opportunities in a key location.