Equity One Sells Oak Hill Village

by Nate Hunter

Jacksonville, Fla. — Canadian-based Slate Properties purchased the Publix-anchored center.

Jacksonville, Fla. — Equity One Inc. has sold the grocery-anchored Oak Hill Village, a 78,492-square-foot neighborhood center in Jacksonville, to Slate Properties for $7.35 million. Developed in 1985 and renovated in 2008, Oak Hill Village is anchored by Publix and Planet Fitness. The property is fully occupied, and can accommodate an additional 8,000 square feet of development.

Karl Johnston, Mark Gilbert and Adam Feinstein with Cushman & Wakefield’s capital markets group represented Equity One in the transaction. The buyer is an investment fund based in Toronto, Ontario.

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