Jacksonville

Dalfen America Makes Opportunistic Investment in 240,000-Sq.-Ft. Distribution Center

Dalfen America Corp. recently acquired a 240,000-square-foot, Class A distribution center on Jacksonville’s Northside.

Prudential Mortgage Provides $10.5M Loan for Palatine Acquisition

Prudential Mortgage Capital Co. has originated a $10.5 million Fannie Mae loan for an affiliate of Palatine Capital Partners Management LLC to finance its purchase of The Villas at Dames Point Crossing apartment community.

Nordstrom to Move into Simon Property’s St. Johns Town Center

A 124,000-square-foot, two-level Nordstrom full-line store is heading for St. Johns Town Center in fall 2014, company officials announced.

Carlyle Group Buys Lender-Owned Independent Living Community for $19M

The Carlyle Group has purchased the lender-owned independent living community Brighton Bay for $19 million. The sales price represents $102,703 per unit or $85 per square foot.

Bell Partners Adds $38.6M Apartment Community to Its Portfolio

Bell Partners Inc. has purchased Villas of St. Johns Apartments for a reported amount of $38.6 million. The company, which acquired the property on behalf of its investors, will be renaming the property Bell Riverside.

Royston Group Lists Best Buy-Anchored Net Lease Property

The Royston Group has listed for sale a 45,687-square-foot single-tenant net lease retail box leased to electronics juggernaut Best Buy.

Morgan Group Starts Project in Jacksonville’s Revived Construction Market

The Morgan Group has started construction on a 240-unit Class A apartment community called The Terrace at Town Center.