Jacksonville Daily Record 4/14/22

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APRIL 14 TO APRIL 20, 2022 | JAXDAILYRECORD.COM

BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES

COMMERCIAL REAL ESTATE ISSUE

THE RAVEN MAY RISE FROM OLD LAVILLA FUNERAL HOME

INSIDE: MORE COMMERCIAL REAL ESTATE

Brokers share insight on the post-pandemic marketplace PAGE 4

Addison works to revitalize landmark office park PAGE 5

Photos by Dan Macdonald

Eric Adler, owner of the Pratt Family Funeral Home in LaVilla, with a table made from a casket that he plans to include in the decor of his property as he transforms it into an Airbnb short-term rental business named and themed after “The Raven,” the poem by Edgar Allan Poe.

Eric Adler bought property with plans to transform it into an Airbnb themed after the Edgar Allan Poe classic. BY DAN MACDONALD STAFF WRITER

D

owntown Jacksonville is reclaiming its spirited past. The new owner of 525 W. Beaver St., believed to have been Florida’s first funeral home, proposes to transform it into The Raven, a nod to 19th century mystery and macabre poet and writer Edgar Allan Poe. Eric Adler, owner of Silver Street Management, wants to convert the building into a long-term residential and Airbnb

rental property as well as transform the former hearse garage into a retail opportunity. Adler, 41, said he will not exploit the building’s past, but won’t hide its history, either. “I’m not going to shy away from that. We will market it for people who like ghost tours, but I’ve been in the building a bunch of times and I’ve never seen anything,” he said. Of the 13 units, No. 13 is the largest. SEE THE RAVEN, PAGE 6

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Franklin Street: Secret is out about Jacksonville PAGE 8 Apartments and warehouses The top 10 sales of the first quarter in Northeast Florida commercial real estate. PAGE 9

The Pratt Family Funeral Home at 525 W. Beaver St. in the Downtown neighborhood of LaVilla was constructed in 1915-16. It was used in that role until it closed in 2019. More about the history, Page 7.

NONPROFIT ORGANIZATIONS

They almost missed $6.8 million donation Boys & Girls Clubs of Northeast Florida received a multimillion dollar grant without strings – but plenty of drama. PAGE 3

Finding a niche for success Jessie Ladson focuses on commercial work in business he launched in 2018. PAGE 10 MATHIS REPORT

Industrial, retail strong in Q4 ’21 Jacksonville’s industrial and retail markets remained strong while the office market continued to struggle. PAGE 11

VOLUME 109, NO. 47 | TWO SECTIONS | PUBLISHED SINCE 1912


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