JACKSONVILLE, FL—Capstone Land Sales announces three recent closings of land sites in the Westside and Northside Submarkets of Jacksonville, Florida. The buyer is Dallas-based home builder, DR Horton, who plans 283 for-sale townhomes spread across the three locations on 103rd St and New Berlin Rd. Construction is anticipated to begin by the end of the year.
“Our team was thrilled to arrange these off-market transactions that created a great win for all parties involved,” said Cameron Hooper. “Capstone has quickly accelerated our activity and increased our presence in the Jacksonville market over the past year. Although there are some economic headwinds, we continue to see robust demand for investment in North Florida due to the solid underlying fundamentals and growth trends.”
The Capstone Florida brokerage team of Cameron Hooper, Brian Hunsicker, Jad Richa, Tom Huffsmith and Nasser Al-Hafi facilitated the transactions on behalf of multiple sellers.