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Transactions - JANUARY 30, 2024

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Hines announces sale of luxury apartment community in Jacksonville

by RELEASED

Hines, in partnership with Las Americas, announced it has sold Avere Southside Quarter, a luxury apartment community developed by Hines and located at 7507 Park Village Dr. in Jacksonville, Fla. The buyer was Carter-Haston Holdings.

Completed in 2022, Avere Southside Quarter is a luxury apartment community comprising 322 one-, two- and three-bedroom units across five four-story buildings with elevator access, surface parking and both attached and detached garage parking. The property features a full suite of amenities, including a clubhouse with private conference rooms, an indoor lounge, a 24-hour fitness center, a yoga studio, a private fitness room, a resort-style pool with private cabana, ground-level and climate-controlled storage units, a 24-hour parcel room with cold storage, an on-site car wash and a pet spa. It is also situated near more than 70,000 jobs and is a short drive from the Mayo Clinic, St. Vincent’s Medical Center, St. Johns Town Center and the Universit

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