FRIDAY May 10, 2019
Public legal notices begin on page 4
jaxdailyrecord.com • 35 cents
Daily Record JACKSONVILLE
THE MATHIS REPORT
Daily Record JACKSONVILLE
Sleiman buys Lakewood Promenade, plans upgrades
Daily Record Daily Record JACKSONVILLE
JACKSONVILLE
Sugarfina
Sugarfina says it owns patents and trademarks on selling candy in clear plastic cubes.
Sweet Pete’s settles lawsuit for $2 million
California candy seller Sugarfina said the Jacksonville company copied its designs. BY MAX MARBUT
Winn-Dixie and Stein Mart anchor Lakewood Promenade, the shopping center at the four four corners of San Jose and University boulevards. More than 50 tenants include Book Nook, Tijuana Flats, Mojo BBQ, Chase Bank and Starbucks.
ASSOCIATE EDITOR
essentially underserving the market for quite some time,” McNaughton said. “We believe the current condition of the property offers significant opportunity to drive revenue.” He said Sleiman Enterprises plans “significant” upgrades and will work with existing tenants with long-term leases on their needs and recruiting new businesses to serve the market. “We intend to be very selective about which tenants are most appropriate in the Lakewood area,” he said. McNaughton said upgrades will include improving the physical characteristics of the center to make it more walkable and pedestrian-friendly and also the finishes, “connecting the four
Sweet Pete’s LLC agreed to pay $2 million to a California candy company after a federal court agreed that Sweet Pete’s knowingly copied the other company’s product names and package designs. Sugarfina Inc., established in 2012 in Beverly Hills, California, filed a complaint in June 2017 in the U.S. District Court Central District of California claiming it owns patents and trademarks on names used by Sweet Pete’s and on selling candy in clear plastic cubes. “Among the signature innovations of Sugarfina’s branding is its presentation of candy in museum-quality Lucite that emphasizes the artisanal and rarified quality of a gourmet smallportion tasting experience,” the complaint alleged. In addition, Sugarfina claimed ownership of trademarks that
SEE MATHIS, PAGE 2
SEE LAWSUIT, PAGE 2
Photo by Monty Zickuhr
“Significant upgrades” coming to shopping center, company executive says.
KAREN BRUNE MATHIS EDITOR
Sleiman Enterprises announced Wednesday it bought the Lakewood Promenade open-air shopping center at the four corners of San Jose and University boulevards. Jacksonville-based Sleiman Enterprises did not disclose the purchase
price. The sale was not recorded with the Duval County Clerk of Courts as of midafternoon. Indianapolis-based Kite Realty Group Trust sold the McNaughton property. The 200,000square-foot Lakewood Promenade comprises four retail parcels. Sleiman Enterprises Chief Operating Officer Michael McNaughton said the deal closed Monday. McNaughton said Wednesday the property was 82 percent occupied in what he calls the dense, affluent and sophisticated Lakewood area. “What we see is an incredibly valuable piece of property that has been
VyStar ready to renovate building VyStar Credit Union wants to begin renovation of the 100 W. Bay St. building it bought in February next to the 23-story tower it is remodeling for its headquarters. Jacksonville-based VyStar applied to the city to start interior demolition of the seven-story, 75,744-square-foot building at a cost of $859,670. Dana B. Kenyon Co. is the contractor. Build-out will be permitted separately after the interior demolition. VyStar bought the office building for $5 million from developer Eugene Profit. The credit union will use it to create a larger Downtown campus.
VOLUME 106, NO. 124 • ONE SECTION