Daily Record Financial News &
Thursday, January 25, 2018
Vol. 105, No. 049 • One Section
35¢ www.jaxdailyrecord.com
$5.7M warehouse planned for HVAC manufacturer
Hines buys more land along Gate Parkway Property for second phase of Southside Quarter development acquired for $12.63M. Global real estate firm Hines, through S-15 Land Holdings LLC, bought 47.38 acres along Gate Parkway for the second phase of its Southside Quarter development. Hines paid $12.63 million for the property Jan. 16, according to a deed recorded last week with the Duval County Clerk of Courts. Property records show the land includes acreage designated for retail, residential and office use and for outparcels. Hines bought it from He Otter LLC and He Shoulda Investments, led by Lanny Thomas and Charles Brightman Skinner Jr. A Hines spokesman had no comment. Hines, based in Houston, is developing Southside Quarter along Gate Parkway at southwest Butler Boulevard and Interstate 295. It was reported early in the deal that Hines contracted for about 116 acres, of which 75 acres can be developed. Hines markets the project as a 105-acre development. For the first phase, Hines paid $20 million for 69 acres in October 2016. On that land, Hines is develop-
Photo by Monty Zickuhr
California-based TRUaire manufactures and distributes residential and commercial HVAC grilles, registers and diffusers. It leases space at 3509 Port Jacksonville Parkway in the NorthPoint Industrial Park, where a new building for it is in review.
163,615-square-foot project in works at NorthPoint Industrial Park. By Karen Brune Mathis Editor Pattillo Industrial Real Estate submitted plans to the city for a 163,615-squarefoot build-to-suit warehouse identified in accompanying documents as TRUaire. The project is planned at 12128 New
Berlin Road in the 362-acre NorthPoint Industrial Park, where TRUaire leases space at 3509 Port Jacksonville Parkway. California-based TRUaire is an HVAC manufacturer that distributes residential and commercial grilles, registers and diffusers. It began operations in 1984. TRUaire operates four distribution
centers in Sante Fe Springs, California, Houston, Jacksonville and in North East, Maryland. A permit application shows a $5.7 million construction cost for the shell warehouse. No contractor is identified. RS&H Warehouse
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Pulte names president of Jacksonville operations David Smith returns to homebuilder, which intends to expand. From Staff Pulte Homes named David Smith president of Jacksonville Operations for the company’s
North Florida division. Smith was the Pulte division president in Jacksonville until 2007. “I’m thrilled to be back as a member of the Pulte team and am looking forward to leading efforts to grow our Jacksonville market share,” Smith said. “The company is committed to the mar-
ket and ready to increase our investment level and build on the success we have experienced to date.” Smith Smith returns to Pulte after more than five years with AV
Homes as its Jacksonville division president. “We want to grow to a comfortable level in Jacksonville that’s sustainable in the marketplace and be able to offer our worldclass customer service and products to more homebuyers,” said said Peter Keane, Florida area president of Pulte Homes.
Pulte’s building activity in North Florida is concentrated in the Nocatee, Twin Creeks and Palencia communities. “We are involved with a variety of impressive communities in Jacksonville already,” Keane said. “Now we are looking to expand and take advantage of all the great opportunities that are available.”
The Cawton Report: Project Volt incentives approved International solar panel manufacturer would bring hundreds of jobs to city. Public
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