Commander Apts Sold to Atlanta Developer

The Commander Apts, a 16-story, 90 unit waterfront apartment building in Avondale, just sold for $5.8M to Chance Partners, a development firm based in Atlanta, GA. The deal also included some small retail shops called St. Johns Village on an adjacent parcel. The property will undergo a thorough renovation, inside and out.

Roger Bull with the Florida Times Union 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 March 11, 2016, in Multifamily, The Florida Times-Union, Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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