WEDNESDAY March 20, 2019
Public legal notices begin on page 3
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THE MATHIS REPORT
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KAREN BRUNE MATHIS EDITOR
Invesco buys 3 Jacksonville properties in $129.3M deal
Warehouses used by FedEx, Dr Pepper Snapple and GE Appliances sold by Gramercy Property Trust.
Amazon
The AmazonFresh Pickup store in Seattle, where customers pick up their orders after placing them online. “You don’t have to get out of your car to get your groceries,” said Amazon’s April Lane, guest presenter at the Davis College of Business Leadership Forum at Jacksonville University.
Amazon executive offers insight into how the internet retailer is selling groceries. BY MAX MARBUT ASSOCIATE EDITOR
After starting with books and then changing the way people shop for other commonly purchased items, Amazon.com is taking on the product category that consumers have to buy on a regular basis: fresh food. It’s the “final frontier of e-commerce,” said April Lane, the online retailer’s category leader for perishables, private labels and pickup. She was the guest presenter March 8 at the Davis College of Business Leadership Forum at Jacksonville University. “I’m here to tell you how Amazon thinks about groceries,” she said.
The company is approaching perishable foods the same way it looks at selling other products: by making buying from Amazon a consumer’s first choice. “We want to be Earth’s most consumer-centric company–low prices, a vast selection and easy to shop,” Lane said. After working for retailers including Nike and Victoria’s Secret, Lane joined Amazon nine years ago. For the past six years, she has focused on selling food online. The process begins with making consumers aware of their choices and for that, Amazon uses the formats that work for other products, such as toothpaste and SEE AMAZON, PAGE 2
Photo by Max Marbut
April Lane, perishables, private label and pickup category leader at AmazonFresh and Prime Now, and Jacksonville University Davis College of Business Dean Don Capener.
Gramercy Property Trust sold three Jacksonville properties to Invesco Ltd. on Feb. 27 for $129.3 million. Gramercy Property Trust, owned by Blackstone Group, is based in New York. Invesco is based in Atlanta. Its Dallas office address is on the deeds. In Westside, Invesco paid $46.9 million for a warehouse used by FedEx at 12200 Presidents Court in Westlake Industrial Park. Through 12200 Presidents Industrial LLC, Invesco bought the 777,210-square-foot warehouse from Gramercy Property Trust, which sold the property through DH Jacksonville LLC. The warehouse was built in 2008 on 68.14 acres. Also in West Jacksonville, Invesco paid $50.4 million for a 598,587-square-foot warehouse on 38.14 acres at 2300 Pickettville Road. It was built in 2009 and is used by Dr Pepper Snapple SEE MATHIS, PAGE 2
The largest container ship to visit Jacksonville The largest container ship to visit Jacksonville docked Monday at the Blount Island Marine Terminal, the Jacksonville Port Authority announced in a news release. The Cape Sounio is an 11,000-container vessel operated by ZIM. The vessel passed through the Panama Canal from Asia before reaching Jacksonville. More photos at JaxDailyRecord.com
VOLUME 106, NO. 87 • ONE SECTION