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The Jacksonville-based financial services institution will anchor and own the retail center that has space for up to three more tenants.
The Tennessee-based investor paid $13.2 million for the land along Race Track Road.
Panera to Parkway Village, OakLeaf; Chipotle at Boulevard Crossing.
The 308-unit Riverside Avenue project opened in 2021.
It plans to build a branch at the former Kmart site along Beach Boulevard.