JACKSONVILLE, Fla. — One of downtown Jacksonville's signature buildings has a new owner.
Lingerfelt Commonwealth partners of Richmond, Virginia has sold the Riverplace Tower on the Southbank for $53.4 million.
It bought the building two years ago for $29 million.
Lingerfelt did not identify the buyer, but said it would continue to manage the building for the new owner.
Riverplace Tower has 441,000 square feet of business space.
Cox Media Group