Miami investor adds downtown parking lot to Jacksonville property portfolio

Through an LLC, Ramon Llorens paid $6.83M for a parking lot next to a hotel and across the street from a performing arts center

Jul.July 15, 2018 02:30 PM

The Times-Union Center for the Performing Arts in downtown Jacksonville

Miami-based investor Ramon Llorens paid $6.83 million for a parking lot near a theater in downtown Jacksonville, the latest addition to his portfolio of properties in the city.

Through Amkin Terra LLC, Llorens bought the 1.48-acre parking lot at 317 Water Street from a company linked to New York-based Och-Ziff Real Estate.

The parking lot sold for $430,000 more than the seller paid for it in April 2015. It is next to the Omni Jacksonville Hotel and across the street from the Times-Union Center for the Performing Arts.

In December, Llorens paid $2.78 million for a 1.21-acre site at 10 North Pearl Street, formerly occupied by a Greyhound bus station.

Among other Jacksonville properties he has acquired since 2014, Llorens has purchased a 2.78 parking lot at Hogan and West Bay streets, a parking garage at 336 West Bay Street, the TIAA Bank Center, and 250 acres of land along New Berlin Road. [Jacksonville Daily Record]Mike Seemuth

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