TriBridge Residential purchases 312-unit, Exchange at St. Augustine, in Florida from VCP, Tellus JV for $58M ($185K/unit)

11/19/2024

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MF&AffHsg News

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Jones Lang LaSalle (NYSE: JLL)

TriBridge Residential has acquired Exchange at St. Augustine, a 312-unit property in St. Augustine, about 40 miles south of Jacksonville, Florida. The garden-style community rises three stories at 250 Moultrie Landing Blvd. Amenities include a pool, fitness center, walking paths and a package locker room.