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245 Riverside Avenue
SOLD

Hakimian Holdings Inc. Acquires Office Property In Jacksonville For $25.15M

245 Riverside Avenue

Office
136,853 SF
clock iconSold 1 year ago
Karl Johnston
Mike Davis
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Summary

Sale
FLORIDA
Office
136,853 sqft

Hakimian Holdings Inc., led by Ben Hakimian, has acquired an office property in Jacksonville located at 245 Riverside Ave. The transaction took place on September 26, 2022, with a sale price of $25,150,000. The property spans 136,853 square feet, resulting in a price per square foot of $184. The seller in this deal was CTO Realty Growth Inc.

Summary of transaction details

  • Property Type: Office
  • Sale Price: $25,150,000
  • Square Footage: 136,853
  • Price per Square Foot: $184
  • Date: September 26, 2022
  • Address: 245 Riverside Ave
  • Buyer: Hakimian Holdings Inc. - Ben Hakimian
  • Seller: CTO Realty Growth Inc

The deal was facilitated by brokers Karl Johnston and Mike Davis, who represented the buyer and seller respectively. They both work at Cushman & Wakefield.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Karl Johnston's profile picture
Karl Johnston
Cushman & Wakefield-image
Senior Director
$128.8M Sold
Mike Davis's profile picture

Details

Deal Summary
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SOLD
IMAGE: Ben Hakimian, Mike Davis & Karl Johnston DATE: 09/26/2022 ADDRESS: 245 Riverside Ave MARKET: Jacksonville ASSET TYPE: Office SELLER: CTO Realty Growth Inc BUYER: Hakimian Holdings Inc. (@HakimianHoldingsInc) - Ben Hakimian BROKERS: Karl Johnston & Mike Davis - Cushman & Wakefield (@CushWake) SALE PRICE: $25,150,000 SF: 136,853 ~ PPSF: $184

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Address245 Riverside Avenue

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