The Preserve: Safe Harbor Investments, LLC purchased a community near Downtown Jacksonville

JACKSONVILLE, Aug. 20, 2025 – JLL Capital Markets announced today that it has arranged the sale of The Preserve, a newly constructed Class A+ 192-unit luxury multifamily community located near Downtown Jacksonville, Florida.

JLL worked on behalf of the seller, Becovic Management Group. The buyer was Safe Harbor Investments, LLC.

Located at 780 Island Point Dr. in Jacksonville's thriving Northside submarket, The Preserve offers residents convenient access to River City Marketplace, Downtown Jacksonville, Jacksonville International Airport and JAXPORT, while sitting just minutes from major healthcare facilities including UF Health North and Baptist Health Complex.

The Jacksonville market continues to demonstrate strong fundamentals with robust employment growth, particularly in the industrial sector where over 44 million square feet of industrial space exists within 15 minutes of the property, with several major developments planned nearby.

The Preserve, built in 2024, showcases elegant living spaces averaging 1,083 square feet, distributed across one-, two- and three-bedroom floor plans. Residents enjoy premium amenities including a resort-style pool with sun deck, 24-hour fitness studio, co-working space with WiFi, resident lounge with coffee bar and pet spa. Each apartment features sophisticated touches like open concept layouts, large windows with courtyard views, wood-style flooring, quartz countertops, stainless steel energy-efficient appliances and private screened-in patios or open-air balconies for enjoying the surrounding natural beauty.

JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Managing Directors Cliff Taylor and Joe Ayers, Director Ryan Hixon and Associates Mike Scott and Tucker Brooks.

"The Preserve represents an exceptional multifamily investment opportunity in Jacksonville's expanding market," said Ayers. "Its strategic location near major employment centers, premium amenities, and beautiful natural setting make it a standout property in the region's competitive multifamily landscape."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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Becovic Management Group has established itself as a premier independent developer of residential and commercial properties across the Midwest since 1973, with recent focus on the Indianapolis market. Their distinctive properties showcase high-quality construction, innovative design and lavish amenities, complemented by superior property management services. As their portfolio expands, BMG continues to lead the industry with an innovative approach to green living and design, from sustainable business practices to LEED certification.

Safe Harbor Investments, LLC specializes in acquiring and optimizing Class A and B multifamily properties across the Southeastern United States since 2018. Employing rigorous market analysis and data-driven strategies, they transform properties with untapped potential into high-performing assets while delivering exceptional investor returns and quality resident experiences.