JACKSONVILLE, Fla. - The Strand, the high-rise apartment building on the Southbank, has been sold for $53.3 million, according to the Financial News and Daily Record.
According to data provided to the Duval County Clerk of Court, the 29-story building was sold Sept. 30 by The Strand Investors Limited Partnership to 1401 Riverplace LLC, a Delaware limited liability company with an address listed in Miami.
The building's assessed value, according to the Duval County Property Appraiser, is $41.8 million.
The Strand opened in 2007.
Copyright 2013 by Jacksonville Daily Record and News4Jax.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.