Homebuilders On The Move With Land Acquisitions

Roger Bull of The Florida Times-Union reports that in recent weeks, land acquisitions for area homebuilders have included:

– Cornerstone Homes paid $1.32M for 17 lots ($78k/lot) in Crosswater at Pablo Bay off San Pablo Road.

– Weekley Homes paid $3.56M for 38 lots ($94k/lot)

– KB Homes paid $577k for 72 lots ($8k/lot) in Biscayne Grove.

– KB paid $3.1M for 12 acres for 48 lots ($65k/lot) in Egrets Cove.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on April 26, 2014, in Development, Land, Residential, Transactions and tagged , , , , , . Bookmark the permalink. Leave a comment.

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