FRIDAY August 16, 2019
Public legal notices begin on page 3
jaxdailyrecord.com • 35 cents
Daily Record JACKSONVILLE
THE MATHIS REPORT
Daily Record JACKSONVILLE
Lender SoFi subleasing space at Town Center Two
Special to the Daily Record
Sleiman Enterprises acquired 1974 San Marco Blvd. and two adjacent properties occupied by Starbucks and Beau Outfitters.
Daily Record Daily Record JACKSONVILLE
Sleiman acquires San Marco Square building
JACKSONVILLE
Developer says “acquisition will only further elevate San Marco Square.” BY MONTY ZICKUHR MANAGING EDITOR
Jacksonville-based Web.com. The statement said Web.com downsized to the first three floors and made the top three available for sublease. The SoFi floor is the first to be subleased. SoFi will share signage on the building with Web.com, Newmark Phoenix Realty said. “It’s a significant win,” Newmark Phoenix Realty Group said of SoFi. “It’s several hundred jobs and a nice growing IT company right here in Jacksonville.” Newmark Phoenix Realty Group referred to SoFi as Project Quail. In a 19-0 vote, City Council members adopted Resolution 2019-0491-A on Tuesday to support tax incentives and authorize an economic development agreement with Project Quail, whose identity was not disclosed in the legislation or the agreement. Mayor Lenny Curry signed the legislation.
Sleiman Enterprises announced Thursday it acquired a 94-yearold building at the center of San Marco Square. The property is the two-story, 8,200-square-foot building at 1974 San Marco Blvd. It is on the south side of the street in front of Balis Park and the San Marco Lions sculpture. The acquisition includes adjacent properties at 1980 and 1972 San Marco Blvd. Tenants are Starbucks and Beau Outfitters. Records show the property was owned by San Marco Limited Partnership, led by investor T. Wayne Davis. Davis bought the property in 1990 for $900,000. “In acquiring these properties in San Marco Square, we intend to provide Jacksonville with an experience like no other. We’re confident this acquisition will only further elevate San Marco Square,” said Toney Sleiman, CEO of Sleiman Enterprises. The 1974 San Marco Blvd. property, which is vacant and has been listed for lease, formerly was used by Bohemian Lounge, Indochine
SEE MATHIS, PAGE 2
SEE SLEIMAN, PAGE 2
Photo by Monty Zickuhr
SoFi will sublease the fifth floor at Town Center Two at 5335 Gate Parkway. Jacksonville-based Web.com planned to use the entire six-story building, but now says it wants to sublease half of the property.
KAREN BRUNE MATHIS EDITOR
San Francisco-based lending company that matches Project Quail will occupy the fifth floor of the Gate Parkway building.
A tenant is coming to Southside that pledges to hire 300 employees by year-end 2021. SoFi, the California-based personal loan products company that matches the 300-job Project Quail, executed a lease this week to sublease in the Town Center Two building at 5335 Gate Parkway. SoFi will lease the 37,000-square-foot fifth floor of the six-story building, which is across Butler Boulevard from St. Johns Town Center. SoFi has not responded to requests for comment. “This is a great coup for Jacksonville as they looked at several other cities and obviously it’s a good win for the building as we competed against several other options in the area,” said a statement Thursday from Newmark Phoenix Realty Group, the company representing the sublease space. The building was developed for lease to
Three bids for old National Guard armory B & H Fine Foods, a grocery store company from Boca Raton, was among three companies submitting bids to the city for the former Florida National Guard armory on the northeastern edge of Downtown. The bid amounts were not read and can remain secret for up to 30 days, or when a bid is selected. Also bidding was REVA Development Corp. of Fort Lauderdale and Arkest LLC of Jacksonville. The three-story, 80,826-square-feet Armory Building at 851 N. Market St. was built in 1908 and has been vacant since 2010.
VOLUME 106, NO. 192 • ONE SECTION