SOLD
Acram Group And Oak Hill Advisors Acquire Jacksonville Office Property For $73.2M
1301 Riverplace Boulevard
Office
460,000 SF
460,000 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Office
460,000 sqft
The office property at 1301 Riverplace Blvd in Jacksonville was recently sold for $73,200,000. The transaction took place on December 22, 2021. The property spans 8.6 acres and offers 460,000 square feet of space. The sale price per square foot was $159. The buyer of the property was Acram Group, represented by Aaron Lazovik and Matt Cassin, and Oak Hill Advisors, represented by Matt Borstein. The seller was LCP Riverplace LLC. The buyer's representative in the deal was Rob Turner from Eastdil Secured, while Robbie McEwan and Michael Loftin represented the seller at JLL.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $73,200,000
- Address: 1301 Riverplace Blvd
- Market: Jacksonville
- Acres: 8.6
The lender involved in the transaction was Deutsche Bank Securities. The sale of this office property represents a significant deal in the Jacksonville market, showcasing the strong demand for commercial real estate in the area.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Michael Loftin, Matt Borstein, Matt Cassin & Robbie McEwan
DATE: 12/22/2021
ADDRESS: 1301 Riverplace Blvd
MARKET: Jacksonville
ASSET TYPE: Office ~ ACRES: 8.6
BUYER: Acram Group - Aaron Lazovik & Matt Cassin; Oak Hill Advisors - Matt Borstein
SELLER: LCP Riverplace LLC
BUYER'S REP: Rob Turner - Eastdil Secured
SELLER'S REP: Robbie McEwan & Michael Loftin - JLL
LENDER: Deutsche Bank Securities
SALE PRICE: $73,200,000
SF: 460,000 ~ PPSF: $159View on map
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Address1301 Riverplace Boulevard
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