Stockbridge Capital Group Acquires Retail Asset In Riverside, Jacksonville For $17.5M
2033 Riverside Avenue
28,857 SF
Summary
2033 Riverside Ave. in Riverside, Jacksonville, has been sold in a recent retail property transaction. The property was purchased by Stockbridge Capital Group, represented by Terry Fancher & Sol Raso, for a total price of $17,500,000. The property spans across 28,857 square feet, resulting in a price per square foot of $606. The seller in this transaction was North American Development Group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $17,500,000
- Address: 2033 Riverside Ave.
- Market: Riverside, Jacksonville
Terry Fancher & Sol Raso, representing Stockbridge Capital Group, played a key role as the buyer in this retail property transaction. On the other hand, the seller, North American Development Group, successfully closed the deal. This transaction marks a significant investment in the Riverside area, demonstrating the ongoing growth and development in the local retail market.
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