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Riverplace Tower
Jacksonville, FL
Investment Summary
Riverplace Tower is a 441,008 square-foot, 28-story, class-A office tower located in the Southbank submarket of Jacksonville, FL. The asset was acquired via recapitalization in November of 2017 and sold in December of 2022.
Investment Info
Status:
Realized
Property Type:
Office
Square-Footage:
441,008
Strategy:
Acquisition
Sub-Strategy:
Reposition, Lease-Up
Entry Date:
Nov 29, 2017
Exit Date:
Dec 22, 2021
Total Capitalization:
$56,020,000
Exit Price:
$73,200,000
Lingerfelt Role:
General Partner
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