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ST. AUGUSTINE, FLA. — Altis Cardinal has sold Eight Winds, a 280-unit community located at 50 Wexford Way in St. Augustine, roughly 40 miles south of Jacksonville, Florida. Debartolo Development LLC purchased the asset for an undisclosed price. Cliff Taylor and Joe Ayers of JLL Capital Markets represented Altis Cardinal in the transaction.
Eight Winds consists of 297,428 square feet of rentable space. The community offers a mix of one-, two- and three-bedroom units. Residents have access to amenities such as a pool, fitness center, pickleball courts and multiple indoor and outdoor lounge areas.