J-U Dorm Sold for $17.5M

North Campus Hall, a 4 story dormitory built in 2015 and housing 274 JU Freshman, sold for $17.5M on January 8th. W.P. Carey bought the property from Rimrock Delvin Dorms, LLC.

Derek Gilliam with the Jacksonville Business Journal covered the story.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on January 27, 2016, in JAX Business Journal, Multifamily, Uncategorized and tagged , . Bookmark the permalink. Leave a comment.

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