JACKSONVILLE, FL-Atlanta-based JMG Realty has acquired the Circle at Bartram Park, an apartment community consisting of 336 units in Jacksonville, for $29.2 million. The deal is part of a $64.5-million portfolio that also included the sale the Circle at Crosstown in the Tampa area.
Crescent Resources developed both properties in 2009. Apartment Realty Advisors' north and central Florida offices brokered the sale. Matt Wilcox of Apartment Realty Advisors handled the Circle at Bartram Park sale. For the full story, go to Jacksonville Business Journal .
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