Saturday, March 17, 2007

Business Condos USA Buys 14 Acres in Middleburg

Developers Plan 144,000-SF Mixed-Use Project on Clay County Land Parcel

Business Condos USA, also known as Mayfield Business Center LLC, acquired 13.91 acres in Middleburg from BFC Partnership Ltd. of Orange Park for $3.82 million, or about $274,393 per acre.

The 13.91-acre parcel is in the Clay County submarket. There are plans to construct 80,000 square feet of retail space and 64,800 square feet of office and warehouse space on the parcel.

No brokers were mentioned in reference to the sale. For more information please reference CoStar COMP #1239344.

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