Allen Morris On Real Estate

Center Building Announces 31,299 SF in Office Leases

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The Allen Morris Company, one of the largest diversified real estate firms in the Southeast, announces four new leases totaling 31,299 square feet at the Center Building, which the company manages. Located at 7825 Baymeadows Way in Jacksonville, Florida, the LEED-certified office building is comprised of three floors and 107,554 square-feet of office space.

Eric Ramirez, Vice President of CBRE Group, Inc., was hired by The Allen Morris Company as the exclusive leasing agent for the property and brokered the four lease agreements.

The most significant deal in size and impact is the 25,286-square-foot space leased by financial holding company, Ameris Bancorp. The company chose to consolidate several of their former offices into one location at the Center Building which is ideally situated in proximity to their Georgia-based headquarters.

The other three leases are as follows:

  • Re-Steel Supply Co., the largest independent fabricator of rebar in the U.S., has elected to expand its operations to the Jacksonville market and will occupy 3,008 square feet in the building;
  • The American Diabetes Association, which is relocating from a former property within the Baymeadows office park, has leased 2,133 square feet of space in the building. The property’s appeal to the company was, in part, due to its added courtyard space which tenants can utilize for events;
  • The American Commodities Exchange Corporation is also relocating from within the market and will occupy 872 square feet of office space.

“We are delighted to welcome these new tenants as they relocate or expand to the Center Building,” said Dale Graham, Senior Vice President of The Allen Morris Company and leader of the firm’s property management division. “The Center Building’s ideal location and amenities are extremely appealing to new tenants. We expect demand for the property to remain strong and look forward to continue working with a seasoned professional like Eric Ramirez.”

With more than 16 years of experience, Ramirez has closed more than one million square feet in leases, totaling over $250 million.

For more information, please visit www.allenmorris.com.

 

About The Allen Morris Company:

The Allen Morris Company is one of the largest real estate firms in the Southeast U.S. specializing in commercial and multi-family residential development, leasing, property management, and brokerage. With offices in Miami, Coral Gables, Fort Lauderdale, Orlando, Jacksonville and Atlanta, The Allen Morris Company has served its business and investment clients for over 57 years. For more information, please visit www.allenmorris.com or follow us on Facebook at www.facebook.com/TheAllenMorrisCompany or on Twitter @allenmorrisco.

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