Duos Systems to move its Jacksonville headquarters this drop | Jax Day by day File | Jacksonville Every day Document

Jacksonville-dependent Duos Systems Group Inc. declared Aug. 12 that it signed a lease for a new creating and will move in this fall, but did not specify wherever or how huge.

“We will go in by the stop of Oct,” CEO Chuck Ferry reported in a conference contact with investment analysts.

The corporation claimed in a news release that the constructing is near the company’s present headquarters. 

“Terms were structured so that there will be no extra hard cash price via the beginning of 2023,” the launch said.

“The new facility will residence all personnel in one area and has ample room for the Company’s expected expansion around the subsequent 12 months,” it explained.

A June investor presentation reveals Duos has 50 staff.

Duos Systems Team owns Duos Technologies Inc., which styles, deploys and operates technologies that supports rail, logistics, intermodal and federal government prospects “that streamline functions, improve safety and minimize costs.”

Duos Technologies now is based mostly at 6622 Southpoint Drive S., Suite 310, in Fortune Plaza.

The metropolis is reviewing a permit software for Duos Technologies to make-out space on the initially and second flooring at 7660 Centurion Parkway, which is the previous SuperStock creating in Deerwood Park South. The web page is about 4 miles east of the recent office environment.

Emerald C’s Development Inc. is proven as the contractor for the venture to modify 38,748 square feet of room for Duos Technologies at a cost of $973,229. 

Duos will choose a lot more than half

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