Jackson Square Properties of San Francisco paid Chicago-basedJupiter Realty Corp. $17 million, or $67,460 per unit, for the17-year-old, 252-unit, class B garden style Huntington Placelocated on a 21.7-acre site here. The property has 19 one-story andtwo-story wood-frame buildings totaling 211,960 sf of net rentablearea. The price equates to $80.90 per sf.

In acquiring the asset, Jackson Square Properties assumedexisting weekly low-floater type bond financing with a principalbalance of $12.7 million. The average living area in the apartmentsis 847 sf. The property contains 507 surface parking space for anoverall parking ratio of two spaces per unit.

In Bradenton, about 10 miles north of Sarasota, CMK Developmentof Chicago paid Landmark Residential of Jupiter $7.6 million, or$43,678 per sf, for Brookwood, a 30-year-old, 174-unit gardenapartment complex comprising 29 two-story concrete block buildingson an 11.2-acre site. On a sf-basis, the 132,220-sf property soldfor $57.48.