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Dun & Bradstreet paid $76.5 million for Town Middle Two | Jax Everyday Report | Jacksonville Everyday File

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

by Amos Vanbrocklin — July 16, 2021 in Jacksonville Daily News

Genesis Park had 19 targets before acquiring Redwire | Jax Each day Record | Jacksonville Everyday History

Before launching its preliminary public providing past calendar year, Genesis Park Acquisition Corp. identified 19 potential merger targets.

Jacksonville-dependent place technological innovation enterprise Redwire was not just one of them.

Having said that, it did not just take long after the Nov. 27, 2020, IPO for Genesis Park to property in on Redwire.

“Redwire was not included in the Focus on Listing, and was subsequently discovered as a possible small business mixture focus on on November 30, 2020 via GPAC’s community of non-public fairness and venture funds buyers and by means of Jefferies, GPAC’s funds markets advisor,” Genesis Park explained in a proxy assertion filed previous 7 days for its pending merger with Redwire.

Genesis Park President Jonathan Baliff experienced an introductory cellular phone call a week later on with reps of Redwire and quite a few months of negotiations led to an settlement in March 2021.

Genesis Park is a specific goal acquisition firm shaped to uncover a merger target. The merger will make Redwire a public firm.

From its primary focus on record, Genesis Park finally had some degree of discussions with eight organizations that ranged from “pre-profits businesses” to providers with income of much more than $6 billion, the proxy said.

Redwire described earnings of $31.7 million in the very first quarter this yr, according to the proxy. But it is projecting revenue to grow to $1.4 billion in 2025.

During a July 9 analyst presentation webcast, Baliff claimed Redwire’s monetary profile

by Amos Vanbrocklin — July 15, 2021 in Jacksonville Daily News

Redwire acquisition information coming shortly | Jax Each day Document | Jacksonville Everyday Record

Considering the fact that asserting the offer in March, the blank check corporation obtaining Jacksonville-dependent Redwire LLC has furnished several particulars about the pending transaction.

Genesis Park Acquisition Corp. has posted several Securities and Exchange Fee filings with information tales about the space know-how company. But it has not posted a proxy assertion with information about the merger.

Having said that, last week Genesis Park posted a submitting with “sell facet analyst conversing points” displaying what the company is telling likely investors.

Redwire Chief Financial Officer Bill Read — Redwire Main Financial Officer Monthly bill Examine

Statements in the filing attributed to Redwire Main Economic Officer Invoice Browse reported the organization expects to publish its proxy “shortly” with the SEC.

“We intend to have an analyst working day just after the 4th of July vacation and we are scheduling to shut the merger all through the 3rd quarter of 2021,” he mentioned.

Redwire was formed in 2020 and merged 7 house engineering businesses, such as Jacksonville-centered Manufactured in Space, which presents a approach for producing in space.

“We have some volume of technological innovation on nearly each place mission. It seems like we are putting anything into space each thirty day period and with escalating frequency,” Browse reported in the chatting details.

Genesis Park is a special intent acquisition company shaped last calendar year to search for opportunities in aerospace.

Redwire will become a publicly traded business with the merger. Whilst it has not posted in-depth monetary info, the corporations claimed in March when the merger was

by Amos Vanbrocklin — July 1, 2021 in Jacksonville Daily News

Kroger to produce 180 positions at Jacksonville shipping and delivery center | Jax Everyday Record | Jacksonville Daily History

Cincinnati-primarily based The Kroger Co. has started offering groceries in Jacksonville.

The firm claimed in a June 9 news release that the “spoke” area to its Groveland “hub” will use about 180 workers.

“Every citizen in Jacksonville need to have accessibility to very affordable, healthier, and clean foodstuff,” Mayor Lenny Curry claimed in the release.

“We welcome Kroger into our local community and are really encouraged that this shipping services will fill an critical hole for men and women who really don’t have effortless obtain to groceries.”

Kroger Logistics has posted career openings for Jacksonville that involve human resources, transportation and drivers.

That suggests one particular of the premier merchants in the globe, with in general 2020 product sales of $132.5 billion, is moving into the condition and space grocery organization with out a Kroger-branded storefront.

Though Kroger merchandise will be available for delivery, its only spot store existence is a Harris Teeter in Nassau County. Kroger sold its fascination in Lucky’s Current market before that chain filed for bankruptcy.

Kroger Chairman and CEO Rodney McMullen reported June 17 in the company’s to start with-quarter earnings meeting contact with analysts the corporation opened its first facility powered by

Ocado engineering in Ohio in March.

He claimed Kroger introduced delivery in June in Florida, calling that “a milestone minute in our historical past.”

It opened its Florida consumer fulfillment centre in Groveland, west of Orlando, and commenced its initially deliveries from there in April when it smooth-released for mates and loved

by Amos Vanbrocklin — June 26, 2021 in Jacksonville Daily News