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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Safaritopia buys Westside headquarters | Jax Everyday History | Jacksonville Day by day Document

Academic toy maker and distributor Safari Packages Inc., by means of an involved business, paid $8.75 million June 25 to invest in the Westside Industrial Park warehouse it has been leasing.

Safaritopia LLC acquired the 130,688-square-foot making on 7.15 acres, plus some vacant land, at 8010 Westside Industrial Push. 

Pattillo Industrial Real Estate and Stone Mountain Industrial Park Inc. bought the composition, designed in 1992, through WS8010 LLC.

Synovus Financial institution financed the offer for almost $7.41 million, records demonstrate.

The academic toy company and distributor announced ideas July 9 to open up its to start with retail retail outlet, ToyTopia, in the Nocatee Town Center in St. Johns County. 

The launch mentioned ToyTopia will be a particular extension of Safari Ltd., whose goal is to instruct young children about the organic environment and stimulate conservation through participate in.

It reported the retail store will encourage small children to discover and interact with toys off the shelves.

Nocatee inhabitants Alexandre Pariente, CEO, and Christina Pariente, president, guide Safari Systems. 

Alexandre Pariente is the supervisor of Safaritopia LLC.

“The aim is to turn out to be the Cheers of toy stores for Nocatee,” Christina Pariente mentioned in the news launch. 

“Toy merchants ought to be exciting. We want to be the location families go to rest and let their kids’ imaginations run wild.”

Safari moved its headquarters to Westside Industrial Park in August 2020 from Miami Lakes.

The relatives-owned business says it has been generating academic figurines for just about 40

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Hanania has agreement to purchase previous Stein Mart headquarters on Southbank | Jax Everyday History | Jacksonville Daily History

Jacksonville-based mostly Hanania Automotive Team proprietor and CEO Jack Hanania has a deal to obtain the former Stein Mart setting up on the Downtown Southbank for $20.6 million.

He intends to transfer his corporate headquarters there and set the Hanania title on the building.

“I have a whole lot of enthusiasm for our Downtown and our neighborhood,” explained Hanania, who grew up in Lakewood and life in San Marco, both neighborhoods in close proximity to the Southbank.

Hanania Automotive Team operator and CEO Jack Hanania

“I think Downtown is poised to explode.”

It also is the very first time in memory that a single individual has bought a higher-rise developing Downtown to put a identify on it.

Hanania claimed July 25 he hopes it encourages other people to do the exact same, declaring such expense implies to outside the house firms that neighborhood buyers are willing to place revenue into the group.

“It will assist stimulate more Downtown initiatives,” he stated.

Hanania and expenditure companion Joe Hassan currently individual two Downtown Northbank buildings – the 6-story historic Dyal-Upchurch Constructing at 6 E. Bay St., ordered in 2017, and the 3-tale Title & Trust Corporation of Florida Creating at 200 E. Forsyth St., acquired late past 12 months.

“I grew up in Jacksonville and I want to do my part to preserve Downtown Jacksonville,” Hanania said when acquiring the Title & Rely on setting up.

Hanania is purchasing the Stein Mart residence on his have and intends to include it. He

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Dun & Bradstreet purchases City Centre Two making for headquarters | Jax Day by day Record | Jacksonville Every day Document

Dun & Bradstreet Inc. introduced June 30 it has completed the acquire of City Middle Two, its new world wide headquarters workplace in Jacksonville.

The 218,700-square-foot building is on 14.38 acres at 5335 Gate Parkway across Butler Boulevard from St. Johns City Center. 

Dun & Bradstreet explained in a news launch it selected the creating, designed in 2019, with the company’s progress and sustainability strategies in intellect. 

Dun & Bradstreet did not say how substantially it paid out for the assets, which was sold by TPG Real Estate of San Francisco.

TPG paid out $64.5 million for it in January 2020.

The organization, which will relocate from Short Hills, New Jersey, presents organization decisioning information and analytics throughout the world.

“We are happy to be entrepreneurs of the City Center II setting up, a not long ago made home that fulfills the greatest specifications of strength performance and sustainability today, and is located in 1 of the quickest increasing spots of Jacksonville,” Dun & Bradstreet CEO Anthony Jabbour reported in the release.

“We appear ahead to actively playing an active function in the community and setting up our workforce with regional expertise who can bring differentiated activities, abilities and strategic insight to assistance us keep on to innovate and grow. We would like to extend our thanks to the town of Jacksonville and the condition of Florida for their tricky work to produce the incentives to make this possible.” 

Dun & Bradstreet expects to open its new headquarters this summer. 

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