Urban Capital Realty Acquires Retail Property In Springfield, Jacksonville For $2.375M

The retail property located at 27 E. Seventh St in Springfield, Jacksonville was recently sold in a transaction that took place on 10/05/2021. The property spans an area of 2.77 acres and is owned by TSG Realty. The buyer in this transaction was Urban Capital Realty, LLC. The sale price for the property was $2,375,000, resulting in a price per square foot of $36. The deal was facilitated by brokers Eric Yi and Austin Kay from NAI Hallmark.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,375,000
• Date: 10/05/2021
• Address: 27 E. Seventh St
• Market: Springfield, Jacksonville
• Acres: 2.77
• Buyer: Urban Capital Realty, LLC
• Seller: TSG Realty
• Brokers: Eric Yi & Austin Kay - NAI Hallmark
• Square Footage: 65,879
• Price per Square Foot: $36

Eric Yi and Austin Kay from NAI Hallmark played crucial roles as brokers in this transaction, representing the buyer and seller respectively. They successfully facilitated the deal, ensuring a smooth process for both parties involved. The sale of this retail property highlights the expertise and professionalism of these brokers in the real estate industry.