Saglo Development Corp. Sells Retail Property In Jacksonville For $5.8M

The retail property located at 8299 W Beaver St in Jacksonville has been sold. The property, owned by Saglo Development Corp., was listed for sale with an asking price of $5,800,000. The sale was brokered by Drew Kristol, Kirk Olson, Chad Atwood, and Simon Grigoryan of Marcus & Millichap. The transaction took place on October 11, 2021.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,800,000
• Address: 8299 W Beaver St, Jacksonville
• Market: Jacksonville
• Square Footage: 64,736
• Price per Square Foot: $90

The sale of this retail property demonstrates the successful collaboration between Saglo Development Corp. and the brokerage team at Marcus & Millichap led by Drew Kristol, Kirk Olson, Chad Atwood, and Simon Grigoryan. This transaction adds to the portfolio of both the buyer and the seller, further strengthening the real estate market in Jacksonville.