Issuu

FREE

June 25-July 1, 2020

Mathis Report: Sleiman could bid to develop Landing site PAGE 3

jaxdailyrecord.com

JACKSONVILLE

Record & Observer REPUBLICAN NATIONAL CONVENTION: AUG. 24-27 JACKSONVILLE

Record & Observer

SUPER Record & Observer INSIGHT Record & Observer Health leaders say they will be prepared

JACKSONVILLE

Masks, social distancing urged to protect against a surge of COVID-19. BY KATIE GARWOOD & MIKE MENDENHALL

JACKSONVILLE

STAFF WRITERS

hen Mike Weinstein led the Jacksonville Host Committee for Super Bowl XXXIX from 2000 to 2005, he faced securing the event facilities, hotel capacity and transportation resources and drafting security protocols to support 100,000-plus people descending on Northeast Florida. Weinstein said in an interview June 22 that challenges will be similar for the Jacksonville 2020 Host Committee planning the Aug. 24-27 Republican National Convention. The difference: His group of 10 to 15 staffers had

As the Republican National Convention approaches and as COVID-19 cases continue to increase, health professionals are hoping the RNC puts the proper precautions in place as they prepare facilities, especially at the VyStar Veterans Memorial Arena, for the Aug. 24-27 event. So far, local GOP officials and Mayor Lenny Curry have said temperature checks will be taken at all arena points of entry, but have not said what other precautions will be used. Curry said during a June 22 virtual news conference those protocols, including whether face masks will be mandatory inside the arena, will be put in place based on the COVID-19 conditions locally at the time of the convention. Area health leaders want stricter guidelines to prevent a surge in COVID-19 cases. In the event that happens, they say they will be prepared. UF Health Jacksonville CEO Dr. Leon Haley Jr. was one of 32 members of the Jacksonville

SEE WEINSTEIN, PAGE 6

SEE HEALTH, PAGE 7

Mike Weinstein, who led the Jacksonville Host Committee for Super Bowl XXXIX, reflects on planning for the event and the challenges the Jacksonville 2020 Host Committee will face in preparing for the Republican National Convention.

BY MIKE MENDENHALL STAFF WRITER

Photo by Katie Garwood

What’s Trending: First Baptist can demolish building PAGE 2 The top sales of the week in commercial real estate PAGE 5 Marbut Report: Jacksonville legal community awarded PAGE 8

THE BASCH REPORT

Deutsche Bank job cuts are complete, official says Plus: Black Knight stock sale raises $484M PAGE 4 VOLUME 3, NO. 4 • ONE SECTION

WHAT’S TRENDING

JaxDailyRecord.com JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER 2

JACKSONVILLE 25, 2020 DAILY RECORD / JACKSONVILLE RECORD & OBSERVER THURSDAY, ,JUNE

Big news doesn’t break just on Thursday. Here’s a look at some of the top stories published over the past week online at JaxDailyRecord.com and in the Jacksonville Daily Record that you may have missed.

Daily Record JACKSONVILLE

DEVELOPMENT

First Baptist cleared to demolish building

THURSDAY, SEPTEMBER 19, 2020 1 JaxDailyRecord.com

Daily Record JACKSONVILLE

The Jacksonville City Council HOW TO REACH US cleared the way for First Baptist 121 W. Forsyth St., Suite 150, Jacksonville, FL, 32202 Church to demolish its Downtown building at 125 W. Church St.356-2466, Fax (904) 353-2628 Phone: (904) The Council voted 15-4 onjaxdailyrecord.com June 23 to approve the church’s appeal of the Jacksonville Historic Preservation ABOUT US Commission’s Feb. 26 decision to Jacksonville Daily Record and Jacksonville Record & Observer are a division of delay demolition. Observer Media Group Inc. The church wants to redevelop the property and build a welcome center Established thethan Financial News & Daily Record, now the Jacksonville Daily as part in of1912, a more $30 million Record, is published Monday-Friday and1.53 is the Official Court Newspaper of the Circuit project to renovate and redevelop Courtacres and publisher of public notices in Duval County. of church property into “The File image Hobson Block.” The church plans to First Baptist Church wants demolish its Jacksonville Record & Observer is aof free business newspaper available in consolidate and sell 11.29 acres its weekly building at 125 W. Church St. to make Downtown Jacksonville and key business nodes throughout Jacksonville. To find a 13.7-acre Downtown campus. way for a welcome center. location near you, visit jaxdailyrecord.com/rack-locations.

Jacksonville Daily Record and Jacksonville Record & Observer are a division of Observer Media Group Inc.

Editorial content focuses on news and trends, with a concentration on development, HOTELS real estate, construction, law, companies, economic and industry trends and how local and state government affects business.

Editorial content focuses on news and trends, with a concentration on development, real estate, construction, law, companies, economic and industry trends and how local and state government affects business.

STAFF The Hyatt Regency Jacksonville RiverTheRitz-CarltonHotelCo.LLCfiled anofront the/ Sawgrass Marriott tice with state and local officials reporting Publisher / Matt Walsh Director Downtown, of Advertising Jay Lesowitz Golf Resort & Spa and the Ritz-Carlton temporary layoffs or reductions in hours jlesowitz@jaxdailyrecord.com mwalsh@jaxdailyrecord.com filed theirCoordinator notices before theGildberg Republican for 638 of the 649 employees atJr. itsAmelia Advertising Publisher Emeritus / James F. Bailey / Codi National Committee announced June 11 Island resort hotel. jbailey@jaxdailyrecord.com adassist@jaxdailyrecord.com that the Republican National Convention is The Ritz-Carlton, which filed its notice Editor / Karen Brune Mathis Legal Advertising Manager / Janet Mohr being moved to Jacksonville. June 2, joins two other major Northeast legal@jaxdailyrecord.com kmathis@jaxdailyrecord.com Florida hotels thatfiled layoffnoticesinthe Managing Editor / Monty Zickuhr Legal Advertising Associate / Rhonda Fisher firstweekofJuneundertheWorkerAdjustmzickuhr@jaxdailyrecord.com rfisher@jaxdailyrecord.com ment and Retraining Notification Act.

STAFF

Layoffs, hour reductions at Amelia Ritz-Carlton

Associate Editor Legal Affairs / Max Marbut mmarbut@jaxdailyrecord.com Staff Writer / Katie Garwood kgarwood@jaxdailyrecord.com

GROCERY STORES

Staff Writer / Mike Mendenhall mmendenhall@jaxdailyrecord.com

Network Administrator / Erik Wagner webadmin@jaxdailyrecord.com Court Typeset / Paula Steiner admin@jaxdailyrecord.com

Director of Circulation / Anne Shumate GreenWise Market opens in Nocatee subscriptions@jaxdailyrecord.com

Staff Writer / Scott Sailer / Tim Reagan Northeast Florida,” said Riley Skinner, Publix Super Markets Inc. opened its Distribution ssailer@jaxdailyrecord.com distribution@jaxdailyrecord.com vice president of Jacksonville-based first Northeast Florida GreenWise MarBusiness Manager / Angie Campbell Skinner Bros. Realty, the developer. ket June 20 in Nocatee Town Center in acampbell@jaxdailyrecord.com

Lakeland-based Publix already St. Johns County. operates a 55,000-square-foot suGreenWise is Publix’s specialty, permarket in Nocatee Town Center natural and organic foods and prodPRESS RELEASE/INQUIRY/REPRINTS and opened the 25,150-square-foot ucts brand. Submit“We’re a pressthrilled releasetooroffer editorial inquiry a brand newonlineGreenWise Market across the street at jaxdailyrecord.com/submit-news-release editorial@jaxdailyrecord.com. 250 Pine Lake Drive. product not just to Nocatee but to or email Article reprints are available at jaxdailyrecord.com

HOW TO REACH US

Daily Record JACKSONVILLE

121 W. Forsyth St., Suite 150, Jacksonville, FL, 32202 Phone: (904) 356-2466, Fax (904) 353-2628 jaxdailyrecord.com

ABOUT US JACKSONVILLE

Daily Record Daily Record

Established in 1912, the Financial News & Daily Record, now the Jacksonville Daily Record, is published Monday-Friday and is the Official Court Newspaper of the Circuit JACKSONVILLE Court and publisher of public notices in Duval County. Jacksonville Record & Observer is a free weekly business newspaper available in Downtown Jacksonville and key business nodes throughout Jacksonville. To find a location near you, visit jaxdailyrecord.com/rack-locations.

Publisher / Matt Walsh mwalsh@jaxdailyrecord.com

Director of Advertising / Jay Lesowitz jlesowitz@jaxdailyrecord.com

Publisher Emeritus / James F. Bailey Jr. jbailey@jaxdailyrecord.com

Advertising Coordinator / Codi Gildberg adassist@jaxdailyrecord.com

Editor / Karen Brune Mathis kmathis@jaxdailyrecord.com

Legal Advertising Manager / Janet Mohr legal@jaxdailyrecord.com

Managing Editor / Monty Zickuhr mzickuhr@jaxdailyrecord.com

Legal Advertising Associate / Rhonda Fisher rfisher@jaxdailyrecord.com

Associate Editor Legal Affairs / Max Marbut mmarbut@jaxdailyrecord.com Staff Writer / Katie Garwood kgarwood@jaxdailyrecord.com

Court Typeset / Paula Steiner admin@jaxdailyrecord.com

Staff Writer / Mike Mendenhall mmendenhall@jaxdailyrecord.com

Director of Circulation / Anne Shumate subscriptions@jaxdailyrecord.com

Staff Writer / Scott Sailer ssailer@jaxdailyrecord.com Business Manager / Angie Campbell acampbell@jaxdailyrecord.com

Distribution / Tim Reagan distribution@jaxdailyrecord.com

PRESS RELEASE/INQUIRY/REPRINTS Submit a press release or editorial inquiry online jaxdailyrecord.com/submit-news-release or email editorial@jaxdailyrecord.com. Article reprints are available at jaxdailyrecord.com

HOW TO SUBSCRIBE Subscribe online at jaxdailyrecord.com/subscribe DEVELOPMENT TODAY or contact our subscription department by phone at (877) 231-8834 or email subscriptions@jaxdailyrecord.com Thesearethelargestcommercialbuilding OFFICE, BANK, PROFESSIONAL permits by job cost issued Tuesday by the 7 Seas Safety Group LLC, 1004 PRICES city of Jacksonville. Eastport Road, contractor is Thursday only ..........$66 per year 2 years ................................... $154 Underwater Mechanix Services LLC, Single copy ......................35 cents 1 year ........................................$89 CHURCH, OTHER RELIGIOUS 3,024 square feet, second-floor 6 months .................................$55 Celebration Church of Jacksonville renovation, $126,065. Inc., 9555 RG Skinner Parkway, HOW contractor is Brasfield & GorrieTO LLC,ADVERTISE SIGNS platform extension, $103,193. Capt. Davey’s Bait &or Tackle, Display & Digital Advertising: Call Jay Lesowitz at (904) 356-2466 email 2126 Cornerstone Church, 7144 Blanding Blvd., contractor is Shark jlesowitz@jaxdailyrecord.com Atlantic Blvd., contractor is Armour Signs of NE FL Inc., two permits for 2,574 square feet, via email wall to signs, $1,600. LegalConstruction Advertising:LLC, Submit public notices legal@jaxdailyrecord.com tenant build-out, $16,000. Compiled by Scott Sailer

Network Administrator / Erik Wagner webadmin@jaxdailyrecord.com

HOW TO SUBSCRIBE Subscribe online at jaxdailyrecord.com/subscribe or contact our subscription department by phone at (877) 231-8834 or email subscriptions@jaxdailyrecord.com PRICES 2 years ................................... $154 1 year ........................................$89 6 months .................................$55

Thursday only ..........$66 per year Single copy ......................35 cents

HOW TO ADVERTISE Display & Digital Advertising: Call Jay Lesowitz at (904) 356-2466 or email jlesowitz@jaxdailyrecord.com Legal Advertising: Submit public notices via email to legal@jaxdailyrecord.com

JaxDailyRecord

POSTAL INFORMATION

Jacksonville Daily Record (USPS 190-620) is published daily except Saturday, Sunday & legal holidays (New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas) by Daily Record & Observer LLC, 10 N. Newnan St., Jacksonville, FL 32202. Periodicals postage paid at Jacksonville, Florida and at additional mailing offices. Under no circumstances will any news or records of Duval County be suppressed for anyone. Information in this newspaper is for our subscribers only and must not be used by anyone for publication purposes.

POSTMASTER

Send address changes to Jacksonville Daily Record, P.O. Box 15456, North Hollywood, CA, 91615-9965

OFFICIAL DESIGNATIONS

The Official Newspaper of The Jacksonville Bar Association, Nov. 21, 1926.

AFFILIATIONS Florida Press Association

The Official Newspaper for the U.S. Bankruptcy Court for the Middle District of Florida, Jan. 4, 1947. 337059-1

The Official Court Newspaper of Duval County by Order of the Circuit Court, July 7, 1961.

The Official Newspaper of The Jacksonville Bar Association, Nov. 21, 1926.

AFFILIATIONS Florida Press Association

The Official Newspaper for the U.S. Bankruptcy Court for the Middle District of Florida, Jan. 4, 1947.

JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER

JaxDailyRecord.com

The developer owned the Downtown shopping center for 15 years before turning it over to the city in a settlement. If and when the city issues a request for proposals for the Jacksonville Landing site Downtown, developer Toney Sleiman will take hard look at it. Sleiman owned the Landing for 15 years while the city owned the land beneath it. After years of contention and lawsuits, the city took control of the Landing in February 2019 after a $15 million settlement with Sleiman Enterprises Inc. The deal included the city paying Sleiman subsidiary Jacksonville Landing Investments LLC $15 million to buy out a 2003 lease agreement that was scheduled to run through 2056. The city also agreed to

THE MATHIS REPORT

Sleiman may make second run at Landing site

KAREN BRUNE MATHIS EDITOR

pay $1.5 million for terminating tenant leases and $1.5 million for demolition to prepare for future development. “If it comes out, we probably will look at rebidding it, and we’ll see where that goes,” Sleiman told the Southside Business Men’s Club on June 17 and repeated in an interview afterward about a request for proposals. “I would seriously look at it depending on what … the restrictions were and everything. And I have an idea for it. It depends on what they want there,” said the JacksonvilleSleiman based developer and owner of shopping centers. Sleiman reminded the business group that he provided music and entertainment at the riverfront site. “The part that I loved about owning the Landing was all the events we did. And we did them for free,” he said. “Anybody that wanted to use the Landing, we always did it for free. And we never charged them. And I know the city’s missing that now.” Sleiman said after the meeting that he understands a request for proposals “is in the works.”

RETAIL NOTES Gate at Town Center: Gate Petroleum Co. filed an application for a building permit to renovate the interior of its convenience store at 4123 Town Center Parkway at a cost estimated at $450,000. The store is at Town Center Parkway and St. Johns Bluff Road. Publix in North Jacksonville: JEA determined service availability for Northpoint Village Shopping Center at northeast New Berlin and Yellow Bluff roads to be anchored by Publix Super Markets Inc. and outparcels. The first phase of 16.86 acres will comprise

THURSDAY, JUNE 25, 2020

Photo by Katie Garwood

A lawn surrounded by a fence covers the former site of The Jacksonville Landing in Downtown Jacksonville.

“I’m going to look at it seriously and maybe bid on it. I haven’t 100% said that I am,” he said. “It depends what they want there.” The former Jacksonville Landing riverfront marketplace occupied the site at 2 Independent Drive for 32 years before it was closed and demolished. Site work began in August. The contractor removed the buildings and the site was sodded this spring. Downtown Investment Authority CEO Lori Boyer said June 19 the DIA would first focus on the public space on the 8-acre Northbank site and probably start with a request for qualifications. She hopes to have that request in July to the city procurement division, which oversees the bidding and pur-

Publix and 16,600 square feet of adjacent store space. The second phase is entitled for up to 64,000 square feet of retail, medical and office space. International Management Co. LLC is the developer. CVS in West Jacksonville: The city approved a permit for the $300,000 renovation for the CVS Pharmacy at 4475 San Juan Ave. It includes new fixtures and self-checkout units. Aldi at Durbin Creek Crossing: St. Johns County is reviewing an application for construction of a 19,209-square-foot Aldi discount

chase process for all that the city buys, leases or rents. “We want to focus on the public space and what will be a really iconic signature space for Downtown,” Boyer said. DIA is working on defining where the marketable pads would be for the private development. “Ultimately we would really like to see a competitive design effort,” she said, although “I don’t see a full-blown design or architectural competition. A lot of work has been done.” The 8 acres includes the Main Street Bridge ramp that will be removed. Boyer said the state Department of Transportation is working toward that. The sodded site is fenced but has not been programmed. “The green space is an asset as it is right now,” Boyer said. “It does provide an oppor-

grocery store at $1.65 million at Race Track Road and St. Johns Parkway.

RESTAURANT NOTES Burger King to Durbin Creek Crossing: The St. Johns River Water Management District and St. Johns County are reviewing an application for Burger King at Durbin Creek Crossing. The 2,885-square-foot restaurant is planned on 1.07 acres at southeast St. Johns Parkway and Race Track Road. The Ferber Co. is the developer of the 70-acre Durbin Creek Crossing.

tunity for some pop-ups and special events.” The private development would be mixed uses, such as hotel, multifamily and office, with the expectation that the ground-level space facing Laura Street and the public area would be “activated.” That typically means retail, restaurants and bars. It could include museum or experiential space, she said. Boyer said the public space would be developed more quickly than the private pads. “Even if you are moving as fast as you can, you will not see completed buildings in two years,” she said. “That does not mean they are not in process.” KMATHIS@ JAXDAILYRECORD.COM @MATHISKB (904) 356-2466

Whataburger to Middleburg: The St. Johns River Water Management District is reviewing an application for Whataburger to build a 2,974-squarefoot restaurant on a 1.13-acre outparcel at 1778 Blanding Blvd. in Middleburg in Clay County. Dunkin’ in Arlington, Oakleaf: The city approved permits for Dunkin’ to renovate at 116 Oakleaf Village Parkway at a cost of $95,000 and at 6999 Merrill Road at a cost of $65,000. The company is rebranding from Dunkin’ Donuts to Dunkin’ as it rolls out a new store design

POSITION AVAILABLE WITH WINN-DIXIE STORES, INC. IN JACKSONVILLE, FL Programmer Analyst III. Job req: Bach. Deg. in Comp. Sci. or rel. Eng’g field & 5 yrs. progressive exp. in job offered or rel. role perf. Object Oriented Programming & using .Net, SQL, TFS, C#, Visual Studio, CSS, SMTP, JQuery, & JavaScript.

When Cleanliness Is Essential, Your Business Can Count On Us

Integration Systems Engineer II. Job req: Mas. Deg. in Comp. Sci. or closely rel. field & 1 yr. exp. in job offered or rel. role using Azure DevOps, IBM WebSphere MQ, IBM WebSphere MQ File Transfer Edition (FTE), IBM Integration Bus, IBM WebSphere Message Broker, IBM WebSpere DataPower, Oracle, UNIX, LINUX, IBM WebSphere Transformation Extender, IIS, WAS, JBoss Apache, IBM Infosphere Datastage ETL, IBM BuildForge, IBM Business Process Modeler, IBM WebSphere Service Registry and Repository, AIX, Solaris, z/OS, zLinux, UDB, PVCS, Subversion, & ClearQuest; & 1 yr. exp. perf. test scripting, batch scripting, shell scripting, & testing code.

QUALITY MAINTENANCE & REPAIR SERVICE INC

As we all work together to battle COVID-19, we want you to know that we are here to help you create a healthy, sanitized facility for your employees. If now is the time to elevate sanitation practices for your facility or you simply need a deep clean for your team to return to the office, we

Janitorial Services

Maintenance Services

Facility disinfection

VCT Maintenance

Professional staff

Carpet Cleaning

Rigorous quality

Window Cleaning

Brands Director. Job req: Bach. Deg. in Comm., Mktg., or Bus. rel. field & 5 yrs. progressive exp. in job offered or rel. role perf. rebranding & mktg. initiatives in grocery ind. managing a mktg. budget of at least $3M, dev. loyalty prog., design. e-comm. mktg. campaigns; 5 yrs. exp. w/ TV, newspaper, & radio advert. prod. proj.; 5 yrs. exp. conducting & dev. consumer & ind. analytics, incl. customer interviews, surveys, observations, analyzing heat maps, demog. profiling, conducting customer panels, eye tracking, & customer expts.; & 1 yr. exp. using Wellcom platform.

control

are here and ready to help. We're all in this

Winn-Dixie Stores, Inc. is a Substance-Free Workplace & req. pre-employment drug testing & background check. Apply by sending resumes to JessicaNelson@segrocers.com.

together.

904-388-8790

337060-1

Quality Maintenance & Repair Service Inc

www.qualitymaintenance.co (yes co)

334011-1

Request a Quote Today!

JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER

THURSDAY, ,JUNE 25, 2020

JaxDailyRecord.com

THE BASCH REPORT

Deutsche Bank official: U.S. cuts complete

MARK BASCH CONTRIBUTING WRITER

The company hasn’t said how the cuts impacted its offices in Jacksonville.

File image

The Deutsche Bank offices along Gate Parkway. The company said last year it employed about 2,000 people in Jacksonville.

Deutsche Bank, which is eliminating thousands of jobs globally as part of a restructuring, has completed making cuts in the U.S., according to its top official in the Americas. However, the company hasn’t said how the cuts affected its offices in Jacksonville, which has the secondlargest U.S. operation outside of New York for the Germanybased bank. In an interview with the Financial Times, Christiana Riley, CEO of the Americas for Deutsche Bank, said job cuts in the U.S. were completed ahead of target. Riley also told the newspaper Deutsche Riley Bank remains committed to keeping operations in the U.S. despite pressures from some shareholders to pull out of the country. The company said a year ago it planned to cut about 18,000 jobs in its restructuring, bringing its total global employment down to 74,000 by 2022. At the time, Deutsche Bank said it employed about 2,000 in Jacksonville, where it opened its operations center in 2008 in Southside. The company’s first-quarter report said it had 86,667 employees worldwide at the end of the quarter. During Deutsche Bank’s virtual annual meeting last month, CEO Christian Sewing said the reorganization plan remains on track. “Not only is it working but it’s working better than we originally expected,” he

said, according to a transcript posted by the company. Sewing also said job cuts will continue companywide, but not during the COVID-19 pandemic. “Since March 26, in the light of the coronavirus crisis, we have refrained from contacting individual employees whose jobs are to become redundant,” he said. A Deutsche Bank spokeswoman said by email the bank declined to comment on job cuts in Jacksonville.

Pandemic doesn’t impede JinkoSolar Another international company with a major operation in Jacksonville said last week its business has not been impeded by the pandemic. Solar-panel manufacturer JinkoSolar Holding Co. Ltd. operates seven plants. Its only facility outside of Asia opened last year at AllianceFlorida at Cecil Commerce Center in West Jacksonville. As the Shanghai-based company reported first-quarter earnings, CEO Kangping Chen said the company implemented new safety measures in its Malaysia plant that brought production back to normal in April. “We replicated these health and safety measures for our employees in the U.S., and were able to keep production running smoothly throughout the pandemic,” Chen said through a translator during JinkoSolar’s conference call with analysts. “With the global demand falling significantly and the price of raw materials declining as a result of the pandemic, we focused our attention

on coordinating production logistics and sales to ensure we could fulfill new orders while carefully controlling inventory levels,” he said. Chen said he expects global solar installations to drop by about 25% this year because of the pandemic. But he sees growth opportunities for JinkoSolar as the market consolidates. JinkoSolar reported adjusted first-quarter revenue of $1.03 billion, 25.1% higher than the first quarter of 2019 but 23.5% lower than the fourth quarter. The company said the decrease from the fourth quarter reflects a delay in shipments caused by the pandemic. The company’s earnings per American Depositary Share of 38 cents were 64 cents lower than the first quarter of 2019.

Black Knight stock sale raises $484M Black Knight Inc. sold 7.13 million additional shares of stock last week at $70.25 each, taking in net proceeds of $484.2 million. The Jacksonville-based mortgage technology company said it will use the proceeds to pay off debt and for other purposes that could include acquisitions and investments. Black Knight was spun off from Fidelity National Financial Inc. and like other companies tied to the Jacksonvillebased title insurance company, it has become active in dealmaking. Black Knight was part of an investment group that bought business data firm Dun & Bradstreet Holdings Inc. last year. Black Knight owns 18.1% of Dun & Bradstreet and CEO

After hosting an investor conference session with CSX Corp. Chief Executive Jim Foote, Deutsche Bank analyst Amit Mehrotra lowered his second-quarter earnings estimate last week. However, he raised his price target for the Jacksonvillebased railroad company’s stock. Mehrotra expects secondquarter earnings of 65 cents a share, 5 cents lower than his previous estimate, because of a drop in freight traffic. However, Mehrotra said in his report last week he is “neutral to positive” on the stock and raised his price target from $71 to $80. CSX was trading close to $70 for most of last week. Mehrotra has a positive outlook for the transportation industry as the economy rebounds from the pandemic. “At a high-level, the outlook for transportation equities remains favorable. Demand for freight capacity bottomed in late April and is on a slowand-steady recovery path,” he said.

Rayonier AM gets two-notch upgrade Rayonier Advanced Materials Inc. got a rare two-notch upgrade last week from Bank of America analyst John Babcock. He upgraded the Jacksonville-based maker of cellulose specialties products from

International Baler reports loss International Baler Corp. reported a net loss of $63,590, or 1 cent a share, for its second quarter ended April 30, according to its quarterly report filed with the Securities and Exchange Commission. Sales for the Jacksonvillebased maker of balers used for waste disposal and recycling fell 31% to $2.01 million. International Baler’s report said the pandemic “has not materially adversely impacted our capital and financial resources” so far. However, the “economic uncertainty” of the pandemic leaves it unable to predict any future impact on the business, it said.

Analyst says ‘sell’ Kraft Heinz Sales of Maxwell House coffee made in Jacksonville surged during the COVID-19 lockdown as more consumers ate at home, but one analyst thinks sales gains at parent company Kraft Heinz Co. are likely to be fleeting. “We downgrade shares of Kraft Heinz to Sell, from Neutral, as we expect the company to suffer outsized sales and earnings declines over the next year as recent sales gains recede, private label share pressure resumes and commodities (which had screened favorable two months ago) pressure margins,” Goldman Sachs analyst Jason English said in a June 22 report. English expects the “robust” sales growth for Kraft Heinz brands in the first half of this year will moderate in the second half before declining next year. MBASCH@ JAXDAILYRECORD.COM

MEDIATOR | ARBITRATOR SPECIAL MASTER

• State and Federal Courts • AV Rated Civil Trial Lawyer • Florida Super Lawyer Since 2007 • FLABOTA President 2010, Trial Lawyer of the Year 2008

Call now for your FREE pre-evaluation by phone

904 -299 - 5300

10695 Beach Blvd. Jacksonville, FL 32246 CMMDR.COM

FREE MARIJUANA DELIVERY

Dispute Resolution Services at Jacksonville’s TIAA Bank Building and Throughout Florida

Delivered directly to your home or business

335878-1

You NOW get the dry flower to

SMOKE!

Analyst raises CSX price target

“underperform” to “buy,” skipping the “neutral” rating in between. Bank of America generally doesn’t provide analyst reports to the media but investment website Seeking Alpha said Babcock’s upgrade was tied to a new credit agreement in which lenders relaxed financial covenants for Rayonier AM through 2020. Rayonier AM’s stock rose 42 cents to $2.87 on June 19 after the upgrade, a 17.1% gain.

Robert A. Cole

GET YOUR – MEDICAL MARIJUANA – CARD HERE Fast Easy Certification

We provide Medical Marijuana in a variety of forms such as tinctures, pills, pain patches, vapes, concentrates, buds, vape shatter pills, dry flower & much more!

Anthony Jabbour took on the additional role of CEO of Dun & Bradstreet after the buyout. Dun & Bradstreet two weeks ago filed for an initial public offering. Meanwhile, a blank check holding company with ties to Fidelity completed its IPO last week. Trebia Acquisition Corp. sold 51.75 million units, consisting of one share of stock and a warrant to buy additional stock, for $10 each. Trebia was formed by Fidelity and Black Knight Chairman Bill Foley and Frank Martire, former CEO of Fidelity National Information Services Inc., another company spun off from Fidelity National Financial. Trebia was formed to seek acquisition opportunities.

Upchurch Watson White & Max | 800-264-2622 | uww-adr.com linkedin.com/company/upchurch-watson-white-&-max

www.facebook.com/UWWMMediation

@UWWMmediation 324817-1

JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER

JaxDailyRecord.com

THURSDAY, JUNE 25, 2020

COMMERCIAL REAL ESTATE

Top commercial sales of the week BY SCOTT SAILER • STAFF WRITER

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded June 15-21.

Google

This property at 13642 Atlantic Blvd. in Jacksonville sold for $921,906. The property is on the south side of Atlantic Boulevard between the Intracoastal Waterway and San Pablo Road.

ST. JOHNS

DUVAL

$4,407,500

$2,331,000

$1,374,580

$921,906

$919,360

County Roads 13A, 214 and 215, Bar-B-Ranch Road, St. Augustine

Diamondback Avenue, St. Augustine

Pioneer Village Drive, Jacksonville

13642 Atlantic Blvd., Jacksonville

2771 Mayport Road, Jacksonville

Type: 37 residential lots in Creekside at Twin Creeks Phase 2B Parcel size: Not available Buyer: Lennar Homes LLC Seller: Twin Creeks Ventures LLC

Type: 15 single-family lots in Crosswater Village Phases 2 and 3 Parcel size: Not available Buyer: Weekley Homes LLC Seller: CND Resources LLC

Type: Commercial Parcel size: 0.3 acres Building size: 2,100 square feet Buyer: V3 Fund III Jacksonville LLC Seller: Florida Retail Partnership LLC Previous sale: $538,000 in 2018

Type: Commercial Parcel size: 1.01 acres Building size: 14,066 square feet Buyer: Reef Retail North Acquisition LLC Seller: Mayport Partners 2 LLC Previous sale: $975,000 in 2007

DUVAL

$700,000

$622,000

$500,000

5820 Commonwealth Ave., Jacksonville

5809 N. Main St., Jacksonville

2117 Jammes Road, Jacksonville

3647 Hendricks Ave., Jacksonville

Hood Road, Jacksonville

Type: Light industrial Parcel size: 3.67 acres Building size: 27,104 square feet Buyer: Tectron Holding LLLP Seller: Julie A. Mohrman

Type: Commercial Parcel size: 0.49 acres Building size: 1,880 square feet Buyer: The Bayside Group LLC Seller: 160 9th Street LLC Previous sale: $375,000 in 2019

Type: Seven residential buildings Parcel size: 1.29 acres Buyer: Jammes FM LLC Seller: Jax Town Investments LLC Previous sale: $600,000 in 2017

Type: Office Parcel size: 0.2 acres Building size: 2,597 square feet Buyer: 3647 Hendricks Ave LLC Seller: Solomon G. and Leslie W. Brotman Previous sale: $85,000 in 1987

Type: Undeveloped commercial Parcel size: 5.1 acres Buyer: Sunbeam Villas LLC Seller: Paul Li Previous sale: $170,000 in 1994

Type: Agriculture Parcel size: 981.55 acres Buyer: Burrell Family Farm LLC Seller: Thomas A. and Patricia W. Burrell, the Thomas A. Burrell Revocable Trust and the Patricia W. Burrell Revocable Trust

Marital/ Family Law

MARINA SAN PABLO TOWER

Penthouse with amazing Views 14402 MARINA SAN PABLO PL #901

It is our belief that family law matters are especially sensitive and emotionally consuming for clients. We are responsive to clients and return telephone calls in a timely and prompt manner because your concerns are our priority. Our family law team strives to provide the best service and advice based on forty (40) years of experience with family law cases. We believe that professionalism, together with hard work, will produce the desired results expected by clients.

2,325,000

Step into this fully remodeled penthouse home and you will immediately feel the tranquility and sophistication that this waterfront masterpiece will evoke.

Practice areas: • Divorce • Custody • Prenuptial Agreements • Modification Proceedings

Mark M. Green, Esquire

• Martindale-Hubbell AV rating • “Super Lawyers” Top Attorneys in Florida Included since 2007

• Who’s Who in Law

4,145 Sq.Ft. | 4 Bedrooms | 4 Full Baths | 3 Balconies | Open Kitchen, Living & Dining

• Professionalism Award Family Law Inns of Court

200 West Forsyth Street, Suite 450 | Jacksonville, Florida 32202 (904) 355-1155 | mgreen@gsmslaw.com

319275-1

Michelle Mousin

C: 904-616-5757 E: michelle.mousin@evusa.com www.mmousin.com

337041-1

JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER

CONTINUED FROM PAGE 1

five years to prepare. The RNC host committee, now with 33 members, has 59 days. “There are a lot of similarities,” Weinstein said. “The challenge is they don’t have the planning time so they have to really hustle and they may have people that are coming for different reasons and have to deal with those different reasons,” he said. “The NFL and the Super Bowl, it was really more of a party atmosphere and not anything else.” Weinstein, now interim executive director of the Kids Hope Alliance, is a former city of Jacksonville chief financial officer. Because of the COVID-19 pandemic, he doesn’t think bringing in cruise ships to supplement the region’s existing hotel capacity will be an option for the RNC host committee like organizers did for the Super Bowl. The Super Bowl was held Feb. 6, 2005, but with days of activities leading up to it. It took nearly a year to negotiate contracts with cruise lines, which brought 3,600 rooms, food and entertainment space into the Downtown area for the game. Weinstein said RNC organizers don’t have that time. The Republican Party of Duval County expects 12,000 to 15,000 people inside VyStar Veterans Memorial Arena. According to the convention’s official website, organizers anticipated 50,000 visitors when the full RNC was planned for Charlotte, North Carolina. The Politico news site reported in July 2016 that organizers for the last GOP convention in Cleveland planned for nearly 50,000 people coming to the city. Weinstein said the NFL’s guests took 18,000 rooms, more than the available hotel capacity in Jacksonville at the time. The host committee’s June 11 announcement said city officials worked with Visit Jacksonville to secure more than 10,000 hotel rooms for the RNC. They worked with the city’s facility manager, ASM Global, to secure the host venues, including the arena, where President Donald Trump is expected to give his nomination acceptance speech Aug. 27. Weinstein anticipates guests for the RNC will spread beyond Duval, Clay, Nassau and St. Johns counties as far south as Ormond Beach and Daytona. Weinstein said Jacksonville had to show the NFL it could provide the transportation infrastructure to move players, fans and guests

THURSDAY, ,JUNE 25, 2020

JaxDailyRecord.com

from accommodations in St. Johns and Nassau counties to the Downtown stadium. The committee had commitments from limousine services, the Jacksonville Transportation Authority and taxi companies from outside Northeast Florida at the time the Super Bowl application was submitted, Weinstein said. Jacksonville Mayor Lenny Curry, who is co-chair of the RNC host committee, said during a June 22 news conference the event was in the early planning stage. That committee plans to announce RNC working groups on transportation, local economic opportunity, hospitality and health and community wellness in the coming days. PLANNING SECURITY

Like the RNC, Weinstein’s staff had to work with the U.S. Secret Service to establish a security zone and perimeter Downtown. Security protocols for the 2005 Super Bowl were drafted through the lens of the 2001 terrorist attacks in New York City and Washington, D.C. Weinstein said security measures for Super Bowls planned before 9/11 were not as tight, and his focus was on protecting the event space as a potential terrorist target. “So you had to restrict access to a very large area and anyone gaining access already had to have a ticket and be screened for possessions long before they reached the stadium itself,” Weinstein said. “I think that’s going to be similar to what happens (with the RNC).” The RNC host committee has not released information on the size of the security zone. Unlike the Super Bowl, the RNC committee also will likely plan for potential protesters and could establish free speech zones. Politico reported in 2016 that 10,867 people had registered to protest up to two weeks before the RNC in Cleveland. “You’ll have the same level of security, but it really seems to be for a different purpose,” Weinstein said.

MEDIA ATTENTION

The amount of national and international media attention generated by a Super Bowl or political convention will add to the committee’s security and hospitality challenges, Weinstein said. Andrew Johnson, Duval County GOP executive director, said June 16 as many as 17,000 members of the news media could come to Northeast Florida to cover the convention. Weinstein said media covering the Super Bowl in 2005

Photo by Katie Garwood

MikeWeinstein,interim executive director of the Kids HopeAlliance and a former city ofJacksonville chief financial officer, said the Jacksonville host committee for the RNC convention won’t have time to bring in cruise ships to add hotel rooms Downtown.

filled the 966-room Downtown Adam’s Mark Jacksonville Hotel, rebranded as the Hyatt Regency Jacksonville Riverfront in April 2005. Weinstein said coordinating news broadcast sets, security for press credentials and ensuring adequate Downtown internet bandwidth will all be “manageable” challenges. “I would think that we’re going to get a national and international press here, so they need the technology setups and they need the space setups for them to do their job,” Weinstein said. “And you throw in a lack of timing and the pandemic issues, this is a real challenge. And I’m sure we’re up to it, but it’s going to take a lot of work.” ‘RESOURCES WILL COME’

The Jacksonville Super Bowl committee had five years to raise $20 million to host the event, and Weinstein said it would cost $70 million to $80 million to host a Super Bowl in 2020. The nonprofit 501(c)(3) RNC host committee has not released a fundraising target, but Charlotte organizers planned to raise $70 million for the convention before the “celebration” elements of the RNC were moved to Jacksonville, reported The Charlotte Observer. Weinstein said the money raised by the Super Bowl committee was weighed against the economic impact. About 100 to 125 vendors, companies and small businesses, many local, rented short-term

File image

In 2016, Cleveland planned for 50,000 people to attend the the Republican National Convention.

space Downtown for one to two weeks leading up to the Super Bowl, Weinstein said, selling food and “knickknacks” and providing services. Weinstein predicts the economic return from the RNC will bring direct spending at a time when the region’s businesses need to recoup losses from the COVID-19 shutdowns. The host committee has stated it anticipates $100 million in benefit from the four-day convention. Unlike the Super Bowl, Weinstein said it’s less likely the RNC will create the opportunity for long-term investment or corporate recruiting in Northeast Florida. “I don’t see the same level of high-situated executives wanting to come here for this with the same sort of state of mind as they

came for the Super Bowl,” Weinstein said. “The Super Bowl is a big party, and you get to rub shoulders with a lot of people that you normally don’t get to see. This is a political event that has a direct goal in mind, processing a nomination with many speeches. It’s different.” Weinstein said the Super Bowl allowed the host committee to target specific business leaders and industries to make connections. “But for sure, there’ll be a huge jolt in funding and dollars running through Northeast Florida that wouldn’t have happened without it,” Weinstein said. MMENDENHALL@ JAXDAILYRECORD.COM @MIMENDENHALL (904) 356-2466

Let a Board Certified CiviL triaL Lawyer

Mediate your next Case ONLINE SCHEDULING CALENDAR

JBA GOVERNOR SINCE 2013

Join us for the

July Luncheon

Personal Injury

Reflections from Year One on the Bench

Probate Foreclosure

PANELISTS:

Commercial Civil Trial

Construction Collections

Judge Dearing

904.391.0091

Other

Judge Nordby

Judge Perry

Judge Sadler

••••••••••••••••••••••••••••••••••••••••••••••••••••

The River Club

Insurance jacksonvillemediator.com

Thursday, July 16 Doors open at 11:45 a.m. Luncheon Noon-1:00 p.m.

$30 pay-as-you-go-members

1 Independent Dr., 35th Floor, $35 guests and non-members Jacksonville, FL 32202 All-inclusive members: Free •••••••••••••••••••••••••••••••••••••••••••••

RSVP no later than July 10th at www.JWLA.org.

1 hour CLE A pproved

319677-1

Weinstein

323277-1

JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER

JaxDailyRecord.com

Health CONTINUED FROM PAGE 1

2020 Host Committee who will be issuing health and safety protocol recommendations for the RNC, but left the committee June 23. Haley still intends to provide health and safety protocol guidance for the event, according to UF Health Jacksonville Media Relations Manager Daniel Leveton. Haley said during a June 22 interview that Curry asked him to be part of the committee. As of June 22, the host committee structure still was being built and members had not had a formal meeting to discuss convention health and safety concerns. Haley did not address direct health risks to Northeast Florida for hosting the RNC, but he agrees with Centers for Disease Control and Prevention guidelines that call large in-person gatherings the “highest risk” behavior related to COVID-19. “What we know right now about the virus and how it’s spread, yes, it is a risk,” Haley said. PREPARING FOR A SURGE

Haley said UF Health Jacksonville will prepare its facilities for any health needs that arise during the RNC. The hospital takes part in disaster drills annually to prepare for hurricanes or respond to an event like the 2018 mass shooting at The Jacksonville Landing, Haley said. The hospital, which often is asked to assist during major events in the city, is “well prepared to assist in planning for this unique event,” Leveton said in a follow-up email June 22. Leveton said because UF Health Jacksonville is the only Level I

File image

UF Health Jacksonville CEO Dr. Leon Haley Jr. said the hospital will prepare its facilities for any health needs that arise during the Republican National Convention. “Our recommendations are always consistent with the CDC. We’re still strongly recommending masks and distancing. Those are core recommendations. Those haven’t changed,” Haley said.

trauma center in Northeast Florida, the hospital will be involved in planning for President Donald Trump’s visit. UF Health officials will meet with the U.S. Secret Service in the lead-up to the RNC and Trump’s Aug. 27 nomination acceptance speech at the arena, according to Leveton. Officials also are prepared for COVID-19 cases. Haley said the hospital has adequate ICU bed and ventilator capacity and the ability to expand, if necessary. “I still want to emphasize, as I always will, masking and distanc-

ing. I think those are the things that still work,” Haley said. “I think whatever we can do as an organization to make sure we’re ready and other health systems, hopefully, we’ll work closely with other hospitals in the area ... to be ready for a big event.” Baptist Health said it will be preparing just as it does for any large event that comes to the city. Elizabeth Ransom, Baptist Health executive vice president and chief physician executive, said it has the bed and ICU capacity to handle a surge, as well as the ability to expand its capacity. She said Baptist is working with

law enforcement, city officials and other health systems. “We want to make sure we’re prepared and we have a coordinated response, should we need that,” she said. PRECAUTIONS AND RISKS

Haley said it was too early in convention planning to know his recommendations for health and safety protocols inside VyStar Veterans Memorial Arena, where 11,000 to 15,000 people are expected to attend Trump’s acceptance speech. “Our recommendations are always consistent with the CDC.

THURSDAY, JUNE 25, 2020

We’re still strongly recommending masks and distancing. Those are core recommendations. Those haven’t changed,” Haley said. The CDC recommends that to practice social or physical distancing, people should stay at least 6 feet from other people. Doreen Perez, interim d i re c to r o f Student Health Ransom Services at UNF, said the risk of spreading the virus could be even greater as attendees come to the city from across the country. “Folks coming from all points of the nation will be coming with their own high risks,” Perez said. “And how could we even possibly know what they are?” Perez said the top concern “is people coming into the city with these types of risks.” Ransom said she recommends bringing hand sanitizer, wearing gloves and “everyone needs to be wearing a mask.” “If there are a lot of people gathered closely together, not wearing masks, then that’s a perfect scenario for the virus to spread,” she said. “Close quarters, without masks, not practicing hand hygiene, not practicing social distancing, is definitely worrisome. We hope that won’t be the situation.” KGARWOOD@ JAXDAILYRECORD.COM (904) 356-2466 MMENDENHALL@ JAXDAILYRECORD.COM @MIMENDENHALL (904) 356-2466

Florida Medical Malpractice

or 20 years, attorney Sean Cronin has helped clients in Florida with injuries and deaths caused by medical malpractice. As attorneys who are also veterans, our military experience helps us serve medical

malpractice victims and their families throughout Northeast Florida. Our

PRESENT:

Navigating the Current Economic Conditions and CRE Influences We are excited to feature Researcher and Economist K.C. Conway as our guest speaker for our first luncheon of 2020. K.C. will explore COVID-19’s effect on commercial real estate, our economic outlook and how professionals can adapt to remain successful as the economy reopens. Mr. Conway is a favorite economist and speaker among CRE industry organizations, and we are fortunate to have him join us to provide valuable industry insight. We are eager to gather once again as a group and hope you are able to attend this compelling presentation.

attorneys handle both civilian and military medical malpractice claims.

Practice Areas Wrongful Death

Wednesday, July 8th

Medical Malpractice

11:30 am - Registration & Networking 12:00 pm - Lunch served 12:30 pm - Program begins

Military & VA Medical Malpractice

10605 Deerwood Park Blvd. Jacksonville, FL 32256

Sheraton Jacksonville

Sean B. Cronin

Partner

Cronin & Maxwell, pl

K.C. Conway, MAI, CRE Director of Research & Corporate Engagement Alabama Center for Real Estate, Chief Economist, CCIM Institute

Registration/pay online www.naiopnefl.com/event Registration Deadline: Friday, July 3rd at Noon

ATTORNEYS AT LAW

For more information contact Carmel Buchanan, 904/730-8075 or naiopnefl@comcast.net

904.388.9555 medical-malpractice-jacksonville.com 4250 Lakeside Dr., Suite 204