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JACKSONVILLE
Record & Observer HIGHER EDUCATION JACKSONVILLE
‘For sale’ sign posted at Regency Sears store
‘THIS IS A STARTUP’ Record & Observer The UNF Center for Entrepreneurship and Innovation is open for business.
Bankrupt Sears Holding Corp. closed the location nearly three years ago.
JACKSONVILLE
Record & Observer BY KAREN BRUNE MATHIS EDITOR
JACKSONVILLE
As Sears Holdings Corp. works through a Chapter 11 bankruptcy reorganization, a “for sale” sign is posted at the closed Sears store at Regency Square Mall. The Avison Young commercial real estate services firm put up the sign on the property at 9501 Arlington Expressway in the Regency area of Arlington: “155,928 sf Vacant Store Former Sears.” Shown as the contacts are Miami-based Joshua Ladle, senior associate in Avison Young’s capital markets group consulting and advisory retail, and Brian C. de la Fe. According to Avison Young, it got the listing in December. The property has been closed for almost three years. Chicago-based Sears Holdings Corp. filed for Chapter 11 bankruptcy reorganization Oct. 15 and has been marketing properties, although the closed Regency store has been for sale for years. Sears, Roebuck and Co. owns the store at the 52-year-old Arlington mall. The company built the two-story department store in 1981 to anchor the new west wing of Regency and closed the location July 17, 2016. Cushman & Wakefield has been exclusively listing the property for $4.5 million. It is assessed at $3.6 million by the Duval County Property Appraiser. Cushman & Wakefield said it cannot comment about the listing.
Record & Observer Photo by Max Marbut
Karen Bowling, director of the University of North Florida Center for Entrepreneurship and Innovation, in the center’s coworking space on the fourth floor of The Barnett at 112 W. Adams St. Downtown.
BY MAX MARBUT ASSOCIATE EDITOR
T
he University of North Florida has established a concept for higher education that’s intended to create new opportunities in Jack-
sonville. “Anyone who walks through these doors has the potential to build a business — and they’ll have the support here to do it,” said Karen Bowling, director of the UNF Center for Entrepreneurship and Innovation.
The center has classroom, coworking and office space on two floors at The Barnett, Downtown at 112 W. Adams St. It is the university’s second urban learning resource center, joining the Jacksonville Museum of Contemporary Art two blocks north along Laura Street. Currently there are two graduate-level classes meeting at the center each week. Bowling said the curriculum will be fully enrolled when the fall term begins. “This is a startup in and of itself,” she said.
The Mathis Report: Sysco looking at warehouse expansion PAGE 4 Basch Report: Johnson & Johnson Vision Care revenue surges PAGE 6 OBSERVER MEDIA GROUP
SEE UNF, PAGE 8
File image
The UNF center is inside The Barnett, the restored former Barnett National Bank Building.
SEE SEARS, PAGE 7
LAW & THE COURTS
Jaycees, city battle over bus bench ads PAGE 10 VOLUME 1, NO. 35 • ONE SECTION