NAI Hallmark Partners, a member of the world’s premier managed network of commercial real estate firms, announced today that it has been selected to represent the sale of the Yates Family YMCA site on behalf of YMCA of Florida’s First Coast.
“It’s a privilege to partner with the YMCA not only to capitalize this long held asset but to identify a buyer who can be a good neighbor to the new riverfront YMCA and the entire Brooklyn community.”
Auchter and Carmen Mantay will lead the sales effort for NAI Hallmark Partners. The sale of the current YMCA site makes way for the new waterfront Riverside YMCA, a historic $20+ million dollar investment adjacent to the current YMCA property. The project broke ground last month and is expected to be delivered fall 2016.
The Yates Family YMCA site is situated on 1.2 acres of commercial land on Riverside Avenue, the fastest growing urban corridor in downtown Jacksonville, including 220 Riverside, The Brooklyn Riverside and Brooklyn Station. The site is adjacent to 800+ new residential units, 100,000+ SF of complementary retail, including a Fresh Market, and Unity Plaza, an amphitheater and urban park defined by daily programming, weekly special events and annual traditions. The Brooklyn neighborhood has attracted the interest of both local and national investors.
About NAI Hallmark Partners
Hallmark Partners was formed in 1993 as a full-service commercial real estate development company offering sales/leasing brokerage, property management, real estate intelligence and development services. Over the past 20 years the company has developed more than $400 million in commercial projects in northeast Florida. In 2012, Hallmark Partners announced its affiliation with Princeton, NJ-based NAI Global (www.naiglobal.com) creating NAI Hallmark Partners. NAI Hallmark Partners is involved in the leasing and/or management of a portfolio in excess of 3 million square feet in the Jacksonville market.
About the YMCA
The YMCA is one of the nation’s leading nonprofits strengthening communities through youth development, healthy living and social responsibility. Across the U.S., 2,700 YMCAs engage 22 million men, women and children – regardless of age, income or background – to nurture the potential of children and teens, improve the nation’s health and well-being, and provide opportunities to give back and support neighbors. Anchored in more than 10,000 communities, the YMCA has the long-standing relationships and physical presence not just to promise, but to deliver, lasting personal and social change. ymca.net