JACKSONVILLE, FL., – April 10, 2023 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 190 & 200 Southpark Boulevard, St. Augustine, FL (the “Property”). Managing Partner Keith Goldfaden and Managing Partner Christian Harden represented the seller, Brooks Rehabilitation. The Buyer, a joint venture between the Vanbarton Group and Tramview Capital, purchased the Property for $10,350,000.
“We received incredible interest in this Property given the diversified medical tenant mix and high barrier to entry location.” said Keith Goldfaden, Managing Parnter at NAI Hallmark. Goldfaden added, “The ability to transact on this Property in an envirvonment in which short term interest rates increased by over 400% is a testament to the resiliency of well located medical office product with great sponsorship”
The medical office complex consists of two multi-tenanted medical office buildings located in St. Augustine, Florida. The 33,500 square foot Property was built in 1998 and provides a stabilized medical office complex across the street from a major hospital in one of the fastest growing markets in the country.
For more information regarding the sale of 190 & 200 Southpark Boulevard, St. Augustine, FL, or any questions relating to investment sales, please get in touch with NAI Hallmark at +1 904 363 9002.
