JACKSONVILLE, FL–NAI Hallmark recently revealed the sale of The Palms at 2800 Apartments at a price of $29 million. The 168-unit multifamily property is located at 2800 University Boulevard South in the Southside submarket of Jacksonville, Florida.
Senior Vice President John Rutherford and Vice President Luke McCann brokered the transaction on behalf of Quad Property Group, the seller.
"NAI Hallmark is pleased to have represented the seller and buyer in the transaction of The Palms at 2800. The property is in a premier location within the Southside submarket, central to four of the five major hospital systems, and offers the opportunity to further the proven interior value-add program," says Rutherford in a prepared statement.
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