Savlan Capital announced Aug. 8 it bought seven office and flex buildings in the Lakeside and Flagler Center business parks in South Jacksonville for $52 million.
The real estate investment company is headquartered in Hollywood, north of Miami.
Savlan said the portfolio, with more than 765,000 square feet of space, comprises Lakeside I, Lakeside II and Lakeside V in Lakeside Center and Flagler 100, Flagler 200, Flagler 300 and Flagler 400 in Flagler Center.
As of Aug. 10, the sales had not yet been recorded with the Duval County Clerk of Courts.
Savlan said the seller is a financial institution. According to property records, the owner is TD Bank through TD Bank NA.
TD Bank acquired the properties in a foreclosure in 2024, holding a lien of $86.77 million.
Building tenants include th