First Capital Property Group Brokers Two Building Sales at Palm Coast Town Center Exchange

Trey Gravenstein and Michael Castrilli of First Capital Property Group closed the sale of two buildings at Palm Coast Town Center Exchange, a new medical and office development off I-95 in Palm Coast. The two deals total $1,749,000.

Building 3 sold for $874,500 to PCTCB3, LLC. Building 1 sold for the same price, $874,500, to Small Qualified Intermediary. Each building measures 2,750 square feet, which puts both sales at $318 per square foot.

Palm Coast Town Center Exchange is a 9-building development from JW2 Development, built by Schmid Construction. The site runs along Town Center Boulevard, directly across from AdventHealth Palm Coast, so medical and office owners sit right next to the area’s main hospital campus.

Buildings are delivered as grey shell with facade signage and monument signage on Town Center Boulevard, giving owners a blank interior to build out for their practice or business.

Gravenstein and Castrilli continue to represent available buildings at the development.

First Capital Property Group is a Full-Service Real Estate company leasing and managing over 2 million square feet of commercial property in Central Florida. The information contained herein is believed to be reliable; however, First Capital makes no representations or warranties, expressed or implied, regarding its accuracy. ©2026 First Capital Property Group – Licensed Real Estate Brokers.