Ashco Inc. bought the above Thomasville appliance abundance abreast The Markets at Town Center for about-face into the Town Center Medical Plaza.
Ashcenter at St. Johns LLC paid about $2.3 actor for the 13,200-square-foot abundance Aug. 19. The 1.27-acre acreage is at 4853 Big Island Drive.
Ashco said the medical retail amplitude will be attainable in spaces of about 2,200 aboveboard anxiety to the absolute building.
Ashco is led by admiral Edward Ashurian, who manages the LLC that bought the property.
Jacksonville-based Ashco bought the acreage from DH Jax L.L.C., an broker accumulation run by The Chambers Accumulation of Charlotte, North Carolina.
The abundance was congenital in 2007.
Ashcenter at St. Johns LLC paid about $2.3 actor for the 13,200-square-foot store.
Ashco said the capital is “medical retail transformed, capturing the accepted appeal for a Class A medical and retail experience.”
The Thomasville abundance bankrupt afterwards ancestor aggregation Heritage Home Accumulation LLC, based in Aerial Point, North Carolina, filed in July 2018 for Chapter 11 defalcation about-face to pay bottomward $280 actor in debt.
Ashco owns adjacency arcade centers about Jacksonville, including the San Marco Train Station and the San Marco Union Hall.
Ashco Inc. has been family-owned and operated for added than 40 years in Jacksonville, according to its website. The Ash ancestors has been developing and managing retail centers for over three decades.
Jacksonville-based Cantrell & Morgan Inc. listed the Thomasville acreage and represented the agent exclusively.
Cantrell & Morgan co-CEO Chris Morgan said the accumulation was “happy to accept an befalling to facilitate the transaction with Ashco.”
The 1.27-acre acreage is at 4853 Big Island Drive abreast St. Johns Town Center.
Tiffany Ash, carnality admiral of leasing and accretion for Ashco, alleged Town Center “the apotheosis of aerial end retail in North Florida for medical-retail space.
The activity is adjoining to St. Johns Town Center.
“We feel the St. Johns Town Center is a absolute fit to our award-winning portfolio of Class A centers,” she said by email.
“Ashco prides itself on architecture communities, not aloof arcade centers. This appearance in the action of absolute acreage development helps to body the mural for acknowledged tenants,” she said.
Ash said abounding Ashco tenants are advertisement assets of 20% to 30% over aftermost year, admitting the COVID-19 pandemic.
Ash said that as allotment of Ashco’s Next Generation of Arcade Centers initiative, the Town Center Medical Capital will affection alfresco amplitude for patrons, amphitheater lighting in the parking lot, and 24/7 attainable closed-circuit cameras on the premises.
She said Ashco works to actualize a live-work-play environment.
7 Facts About Thomasville Furniture That Will Blow Your Mind | thomasville furniture – thomasville furniture
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