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Residence Inn JACKSONVILLE being reviewed for Brooklyn
THE MATHIS REPORT
Miller Electric relocating Daily Record HQ to Southpoint center
DDRB members suggest design changes for the 135-room hotel. BY DAVID CAWTON
Daily Record Daily Record JACKSONVILLE
Isaacson said Friday his group sold the Southpoint building for Miller Electric’s use. IP Capital Partners said the buyer is ME Jacksonville FL Love Landlord LLC, which shares an Atlanta address with SunTrust. Scott Henley, senior vice president with Newmark Phoenix Realty Group, represented Miller Electric in the deal. Jesse Shimp, senior vice president with JLL, represented IP Capital Partners. “It’s a big move to move out of the Riverside area. It was something I was some-
Baywood Hotels Inc. returns July 12 to the Downtown Development Review Board for conceptual approval of its proposed Residence Inn by Marriott hotel in Brooklyn. When the board discussed the project Thursday at a workshop, reaction was positive although hurdles remain. Baywood, through Parkview Plaza Partners LLC, plans to build a six-story, 135-room, limited service Residence Inn at southeast Forest and Magnolia streets, across from Unity Plaza and 220 Riverside. Parkview Plaza Partners purchased the 1.83-acre property in 2014 for $645,000. It bought almost the entire block between Oak and Magnolia streets and between Forest and Dora streets. Complicating the design are two property owners who control other parts of the block, including L O Properties, which has a quarter-acre site along Oak Street, in the center of the proposed hotel property. Boca Raton-based architectural and engineering firm Base 4 International Inc. is working on the project. Jason Faulkner with the Jacksonville-based firm Studio9 Architecture LLC presented renderings Thursday on Base 4’s behalf showing the hotel wrapping around the L O Properties site. Attorney Steve Diebenow is representing Parkview Plaza Partners through the Driver, McAfee, Hawthorne & Diebenow firm. He said his client has been unable to persuade the other property owners to sell.
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JACKSONVILLE
Special to the Daily Record
IP Capital Partners sold this renovated Southpoint Parkway building to a buyer who will lease it to Miller Electric Co. for its headquarters.
KAREN BRUNE MATHIS EDITOR
Riverside-based company to double space, move 200 staff to former Comcast building.
Miller Electric Co. CEO Henry Brown said Friday the Jacksonville-based company will move its headquarters from Riverside to Southpoint. The 90-year-old Brown business will lease the 6805 Southpoint Parkway building. He expects to move to the site in about a year. About 200 employees will work there. Brown said Miller Electric will lease the building from a SunTrust real estate company, which paid almost $9 million for the property in a sale that closed Thursday. IP Capital Partners President Jason
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NOTE TO READERS
The Jacksonville Daily Record will not be published July 4 because of the Independence Day holiday.
We will resume publication July 5. VOLUME 105, NO. 161 • ONE SECTION