Jacksonville

Aldi Hub Bolton Plaza Changes Hands Near Orange Park Mall

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Published on May 12, 2026
Aldi Hub Bolton Plaza Changes Hands Near Orange Park MallSource: Google Street View

Bolton Plaza, the Aldi-anchored shopping center at 661 Blanding Blvd. in Orange Park, has a new landlord. The 174,037-square-foot center, which is home to Academy Sports & Outdoors, LA Fitness and Marshalls, covers roughly 18 acres along Blanding Boulevard and pulls in steady traffic from surrounding suburbs. Cushman & Wakefield told brokers the transaction was arranged for a private investor.

Broker Deal and County Records Trail

In a news release reported by the Jacksonville Daily Record, Cushman & Wakefield said Vice Chair Mark Gilbert, along with Adam Feinstein and Mitchell Halpern, represented seller KPR Centers in the sale. “Bolton Plaza represents the type of institutional-quality retail asset investors continue to prioritize,” Gilbert said in the release. County sales listings in the Daily Record’s weekly roundup show the property recorded as sold the week of April 20–26, 2026, to Spruce Creek Golf LLC for $22,875,000. The center last traded in 2019 for roughly $18.05 million.

Who Fills the Center and How It Plays in Orange Park

The plaza is a multi-anchor community center with Aldi, Academy Sports & Outdoors, LA Fitness and Marshalls as its big-name tenants. In recent years it has been repositioned as a dominant stop along the south Orange Park retail corridor. Property marketing and public listings put the center at about 174,000 square feet on roughly 18 acres, with a high occupancy rate that makes it a cash-flow-focused investment. LoopNet and broker materials list the tenant lineup and size details.

Why Grocery-Anchored Centers Keep Drawing Buyers

Brokers say grocery-anchored centers like Bolton Plaza offer the kind of steady, predictable traffic and national-brand co-tenancy that both institutional and private buyers chase, a point Cushman & Wakefield highlighted in its sale release. Those traits help explain why grocery-anchored community centers remain among the more competitive retail property types in suburban markets.

What Changes Now for Shoppers and Tenants

For regular shoppers and existing tenants, the new ownership is unlikely to bring immediate shakeups. The center is largely leased to national brands, and those leases typically move over with the property when it trades. Formal deed and filing details are expected to continue showing up in county indexes and broker disclosures, and for now the brokers’ release and the county sales listings are the most detailed public references on the transaction.