Bradford Allen Realty Services Acquires 242,300 SF Office In Jacksonville For $30M

The office property located at 4190 Belfort Road & 4345 Southpoint Blvd in Jacksonville has been sold for a price of $30,000,000. The property spans across 17.7 acres and has a total square footage of 242,300. With a price per square foot of $124, this transaction involved Bradford Allen Realty Services as the buyer and LRC Properties, represented by Howard Lavitt, as the seller.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $30,000,000
• Market: Jacksonville
• Address: 4190 Belfort Road & 4345 Southpoint Blvd
• Asset Type: Office
• Acres: 17.7
• Price Per Acre: $1,694,915
• Square Footage: 242,300
• Price Per Square Foot: $124

Bradford Allen Realty Services acted as the buyer in this transaction, while LRC Properties, represented by Howard Lavitt, served as the seller. The sale of this office property highlights the involvement of key individuals and companies in the deal, contributing to the growth and development of the real estate market in Jacksonville.