Daily Record Financial News &
Tuesday, May 1, 2018
Vol. 105, No. 117 • One Section
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No ABA sanctions for Florida Coastal Law school found in general standards compliance, but still faces admission issues. By Max Marbut Associate Editor Florida Coastal School of Law is in compliance with general American Bar Association standards, but remains in noncompliance with others related to admission standards. The Accreditation Commit-
tee of the ABA Council of the Section of Legal Education and Admissions to the Bar notified the school Friday of its rulings, based on a hearing convened in March that followed having been notified in October by the ABA that the school was not in compliance with some standards for accreditation of law schools.
DeVito
The committee did not recommend the school to be placed on probation or that any sanctions should be administered to
the school. Florida Coastal law professor and Dean Scott DeVito said Monday the findings from the committee is “good news” and
likely reflective of the increased admission standards the school began adopting more than two years ago. Florida Coastal students ranked fourth in the state among 11 law schools in first-time passage of the February Florida Bar examination. In November, its students ranked No. 1 in the Multistate Professional Responsibility Examination administered by the National Conference of Bar
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Examiners. “We will continue to recruit higher entry credentials,” DeVito said. Specifically, the committee found that Florida Coastal is in compliance with Standard 501(a): “A law school shall adopt, publish and adhere to sound admission policies and practices consistent with the Standards, its mission and the objectives of its program Florida Coastal continued on Page 3
Singapore group buys 3 Gran Park buildings $23.9M sale is more than double what they went for in 2015. By Karen Brune Mathis Editor
Photos provided by Harbinger
Harbinger began removing the EverBank Field signs at the stadium Monday. The Jacksonville Jaguars will play at TIAA Bank Field, the name of the new bank created by the merger of EverBank and TIAA Direct. This is the sign over the US Assure Club on the east side of the stadium. On May 9, Harbinger will begin installing the new signs, with completion expected by midyear.
Baptist Health expanding in Northeast Florida Plans include a 25-acre medical and wellness complex in Yulee and primary care centers in Duval and St. Johns. Public
By Karen Brune Mathis Editor Baptist Health intends to develop an almost 25-acre medical and wellness complex in Nassau County. It also is adding two primarycare centers in Duval and St.
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Johns counties. In Nassau County, Jacksonville-based Baptist Health expects to buy property in Yulee along Florida A1A and Harper Chapel Road from Chase Properties Inc. within 30 days. Jacksonville-based Chase Properties, led by developer
Mike Balanky, owns the site at 76375 Harper Chapel Road. The St. Johns River Water Management District gave notice that it intends to grant a permit for the project for Baptist Health Properties Inc. Baptist
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A Singapore investment group paid $23.9 million for three Gran Park at the Avenues buildings that sold for $10.2 million in 2015. Mapletree Investments Pte Ltd. bought the properties April 13 from Exeter Industrial REIT III LLC, which acquired them from Flagler Development Co. LLC three years earlier. Exeter Property Group is based in Conshohocken, Pennsylvania. The properties are in Southside. Mapletree Investments bought: n Buildings 100 and 200 on almost 12.7 acres at 10475 Fortune Parkway comprising a one-story, 55,881-square-foot warehouseflex building and a one-story, 42,413-square-foot office building, both developed in 1992. Those sizes are shown on property appraiser records. Mapletree, through Thomson Logistics Assets LLC, bought the property for $13.7 million. Exeter sold it through Exeter 10475 Fortune LLC. It paid $5.5 million for it in May 2015. n Building 300, a one-story warehouse-distribution building on about 9.5 acres at 7498 Fullerton St., built in 1996. Property records show it is 151,009 square feet. Mapletree, through Finlayson Logistics Assets LLC, paid $10.2 million for the property. Exeter sold the property through Exeter 7498 Fullerton LLC. Exeter bought it in May 2015 for $4.7 million. Together, that’s an increase of Sale
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consecutive business days