A Nor’easter storm caused flooding along the coast, setting back the rebuilding process in St. Johns County after the previous hurricane season. Water levels were expected to rise 2 to 4 feet above normal, with a Coastal Flood Warning and Advisory in effect until Tuesday morning. CLICK TO READ SOURCE Images/Source: www.news4jax.com
Tag: Aggregated
Medical Buildings in St. Augustine Fetch $10.35M in Sale
Two medical buildings located at 190 and 200 Southpark Blvd. in St. Augustine were sold for a combined $10.35 million to a joint venture of Vanbarton Group and Tramview Capital Management. The buildings were sold by Brooks Rehabilitation, who purchased the property for $513,000 in 1996 from St. Aug Southpark Ltd. The buildings, which were built in 1998, are adjacent to Flagler Hospital and sit on 0.77 acre. The purchase was brokered by NAI Hallmark Managing Partners Keith Goldfaden and Christian Harden. CLICK TO READ SOURCE Images/Source: www.jaxdailyrecord.com
Crews in Vilano Beach Work to Prevent Flooding on A1A during First Alert Weather Day
A nor’easter is causing strong winds, heavy rain, and flooding in Northeast Florida, leading to several ramp closures at St. Johns County beaches. A rip current warning is also in effect for most beaches. The storm is expected to continue throughout the day, with wind gusts reaching 30-45 mph at the coast and 20-30 mph inland. Locally heavy rains are expected, with rain totals of 1-3 inches in many spots east of I-95. Coastal flooding is possible with the mid-day and tonight’s high tide cycle, and beach erosion remains likely around high tide due to high surf. CLICK TO READ…
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Treace to Build-Out Second Floor at Nocatee HQ After Receiving City Permit
Treace Medical Concepts Inc. is building-out about 31,000 square feet on the second floor of its four-story headquarters building in Nocatee, Florida. The project cost is $2.34 million, and Tenant Contractors Inc. is the builder. Treace previously leased 23,060 square feet for its headquarters in Nocatee, and the company entered into a 10-year triple-net lease agreement for a new 125,562-square-foot headquarters building in Ponte Vedra. Treace Medical Concepts completed its initial public offering in April 2021 and priced a secondary offering of about 4.8 million shares in February 2023 at $21 each. CLICK TO READ SOURCE Images/Source: www.jaxdailyrecord.com