Bacardi, USA Signs Industrial Lease Renewal

Jacksonville, Fla. – June 25, 2012 – Grubb & Ellis|Phoenix Realty Group, Inc., one of the leading providers of integrated real estate services in northeast Florida, has represented the Landlord, GIV Imeson, LLC in the lease renewal of a ±290,305 square foot distribution space to Bacardi, USA at One Imeson distribution center located at One Imeson Park Boulevard in Jacksonville, Florida.

One Imeson was recently purchased by GIV Imeson, LLC. The new owners are commencing a complete property refurbishment. The distribution center is 1,689,000 square feet (easily sub dividable up to 100,000 square foot bays) on 73 acres, located 3 miles from JAXPORT. Additional land is available for container storage and build-to-suit opportunities. Added benefits of the property are FTZ, 24 hour security, flexible lease terms and immediate occupancy.

According to Ladson Montgomery, senior vice president, Bacardi, USA’s commitment underscores One Imeson’s logistics significance for America’s Logistics Hub, Jacksonville, FL.

Bacardi, USA was represented by State Street Partners and One Imeson was represented by senior vice president, Ladson Montgomery and first vice president, Bobby Gatling of Grubb & Ellis|Phoenix Realty Group.

For more information on leasing space at One Imeson, contact Ladson Montgomery or Bobby Gatling at 904.399.5222.

Raymond James Signed Office Lease in Former St. Joe’s Building

Jacksonville, Fla. – June 5, 2012 – Grubb & Ellis|Phoenix Realty Group, Inc., one of the leading providers of integrated real estate services in northeast Florida, has represented the tenant, Raymond James, in the lease of a 18,000 square foot office located in the former St. Joe’s building at 245 Riverside Avenue in Jacksonville, Florida. The building will be renamed the Raymond James building.

Raymond James is a diversified financial services holding company with subsidiaries engaged primarily in investment and financial planning, in addition to investment banking and asset management. Raymond James is a publicly traded company since 1983 on the New York Stock Exchange.

According to Riley Didion, Vice President and Will Gibbs, Senior Associate of Grubb & Ellis|Phoenix Realty Group, Raymond James has continued their strong commitment to Jacksonville and has grown their presence in Jacksonville significantly over the last five years. The relocation secures signage rights on their newly leased office space’s building, now called the Raymond James building, formally known as the St. Joe’s building.

For more information on office brokerage services in Jacksonville, Florida, contact Riley Didion or Will Gibbs at 904.399.5222.

Patriot Transportation Holding Signed Office Lease

Jacksonville, Fla. – June 5, 2012 – Grubb & Ellis|Phoenix Realty Group, Inc., one of the leading providers of integrated real estate services in northeast Florida, has represented the tenant, Patriot Transportation Holding, Inc., in the lease of a 15,000 square foot office located in the BB&T Tower at 200 W. Forsyth in downtown Jacksonville, Florida.

Patriot Transportation Holding is engaged in the transportation and real estate businesses. The transportation business is conducted through owned subsidiaries. Florida Rock & Tank Lines, Inc. is a southeastern transportation company concentrating in hauling by motor carrier of liquid and dry bulk commodities. The real estate group, through its subsidiaries, acquires, constructs, leases, operates and manages land and buildings to generate both current cash flows and long-term capital appreciation. Patriot Transportation Holding is a publicly traded company.

According to Riley Didion, Vice President and Will Gibbs, Senior Associate of Grubb & Ellis|Phoenix Realty Group, Patriot’s strong balance sheet and commitment to downtown along with the brokerage team’s thorough understanding of the downtown Jacksonville office market, created a successful relationship and transaction for Patriot Transportation and the owners of the BB&T Tower.

For more information on office brokerage services in Jacksonville, Florida, contact Riley Didion or Will Gibbs at 904.399.5222

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