Dun & Bradstreet Inc. paid $76.5 million on June 30 for City Centre Two, its new world-wide headquarters office environment in Jacksonville.
The enterprise introduced the invest in June 30 but did not disclose the rate. The deed was recorded July 15 with the Duval County Clerk of Courts.
The 218,700-square-foot building is on 14.38 acres at 5335 Gate Parkway across Butler Boulevard from St. Johns City Centre.
Dun & Bradstreet mentioned in a information launch it selected the building, developed in 2019, with the company’s expansion and sustainability plans in mind.
Dun & Bradstreet purchased the house from Jacksonville City Heart 2 Propco LLC, section of TPG Actual Estate of San Francisco.
TPG paid $64.5 million for it in January 2020.
Dun & Bradstreet, which will relocate from Small Hills, New Jersey, offers company decisioning facts and analytics all over the world.
“We are proud to be proprietors of the Town Centre II constructing, a not too long ago designed house that satisfies the best benchmarks of strength efficiency and sustainability these days, and is situated in a person of the speediest escalating locations of Jacksonville,” Dun & Bradstreet CEO Anthony Jabbour said in the release.
“We appear forward to taking part in an energetic purpose in the local community and creating our workforce with regional expertise who can carry differentiated ordeals, techniques and strategic insight to assistance us carry on to innovate and expand. We would like to increase our many thanks to the metropolis of Jacksonville and the condition of Florida for their hard operate to develop the incentives to make this achievable.”
Dun & Bradstreet expects to open up its new headquarters this summertime.
The corporation is using the services of for the 500 careers. It asks applicants to visit the dnb.com website.
Dun & Bradstreet has 6,000 workers around the globe in North The united states, Europe and Asia-Pacific.
Foundry Industrial represented Dun & Bradstreet in the company’s international headquarters relocation to Jacksonville.
Brad Chrischilles, principal and director of Foundry’s Jacksonville office, represented Dun & Bradstreet for the duration of the transaction.
“We’ve extensive acknowledged the benefits of this North Florida industry, and it’s encouraging to see international organizations having see,” he claimed in a information launch.
Dun & Bradstreet explained in its incentives software to the town it would expend $67 million for an existing building.
The organization announced options May perhaps 20 to relocate its corporate headquarters to Jacksonville and devote $75 million to include the authentic estate obtain and $8 million in tenant improvements, IT products, furniture and fixtures.
The city and point out committed $25 million in taxpayer incentives for the offer.
Metropolis Council accredited a $21 million incentives package June 22. It comprises a $12 million Headquarters Retention Grant, a $6 million Relocation Grant and a $3 million Goal Market Grant.
The point out fully commited a $4 million Superior Impression Overall performance Incentive Grant.
Dun & Bradstreet was acquired in 2019 by an trader team like Jacksonville-centered Black Knight Inc., which continues to be a important investor in the organization.