Vacant Unity Plaza Retail Space At 220 Riverside Is Sold

Aug 19, 2019

The vacant Unity Plaza retail space at 220 Riverside is under new ownership.

WJCT News partner the Jacksonville Daily Record reports that Memphis-based Mid-America Apartments LP acquired the four retail units Aug. 12 on the first floor beneath the 220 Riverside apartments at 220 Riverside Ave. from CRE Properties Inc. of Miami Lakes.

Mid-America Apartments LP paid $3.3 million for the 17,053 square feet of space in Brooklyn, near Downtown.

Individually, the retail spaces comprise 6,667 square feet, 4,560 square feet, 2,112 square feet and 3,714 square feet.

A Mid-America representative said Monday the use of the space is undetermined but part of it might be used to expand the apartment amenities. The representative said Mid-America would meet with prospective users starting Tuesday.

Archived 2018 Video: HOBNOB Restructures, Closing Its Unity Plaza Restaurant

An expanded version of this story that includes additional details about the transaction and tenant history at 220 Riverside is at JaxDailyRecord.com.