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David Lukes Of SITE Centers Acquires Retail Asset In St. Augustine For $12.5M

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SOLD
$12,500,000

Florida

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Retail26,161 SF
Sold 09/24/2025
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Property Image
SOLD

David Lukes Of SITE Centers Acquires Retail Asset In St. Augustine For $12.5M

833 South Ponce De Leon Boulevard

See Similar Deals
Retail26,161 SF
Sold 09/24/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$477
Total Square Footage:26,161 SF
Transaction Type:Sale

The sale involved a retail asset located at 833 South Ponce De Leon Boulevard in the St. Augustine market. The property, which spans 2.76 acres and includes a total square footage of 26,161, was purchased for $12,500,000. The price per square foot was recorded at $478. This shopping center was developed in 2017 and is anchored by Diane’s Natural Market, featuring tenants such as Jersey Mike’s, Orangetheory Fitness, and Calico Cactus.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,500,000
  • Buyer: David Lukes - SITE Centers
  • Seller: Sano Vita LLC
  • Square Footage: 26,161
  • Price per Square Foot: $478
  • Acres: 2.76
  • Date of Transaction: 09/24/2025

David Lukes represented SITE Centers in this transaction, acquiring the property from seller Sano Vita LLC. The transaction involved a significant retail asset known as Diane’s Marketplace, furthering SITE Centers' portfolio in the area.

Players

David Lukes
SITE Centers
David Lukes
28 deals$1.6B volume
BUYER

Details

SOLD
IMAGE: David Lukes DATE: 09/24/2025 ADDRESS: 833 South Ponce De Leon Boulevard MARKET: St. Augustine ASSET TYPE: Retail ~ ACRES: 2.76 BUYER: David Lukes - SITE Centers SELLER: Sano Vita LLC SALE PRICE: $12,500,000 SF: 26,161 ~ PPSF: $478 NOTE: SITE Centers Corp. bought the 26,161 SF Diane’s Marketplace shopping center in St. Augustine from Sano Vita LLC for $12.5M. Built in 2017 on 2.76 acres, the property is anchored by Diane’s Natural Market and includes tenants such as Jersey Mike’s, Orangetheory Fitness, and Calico Cactus.

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