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JAX experiences uptick in commercial leasing

A full-service Florida-based real estate company, Flagler, announced it closed 1,264,068 square feet of new and renewed lease transactions and 993,467 square feet of property sales in the second quarter of 2010 throughout the state of Florida. Flagler’s second quarter figures bring the company’s year-to-date total to more than 3.2 million square feet of closed lease and sale transactions.

Karl Hanson, Flagler vice president and market officer for North Florida, said, “Here in the

Karl Hanson

Karl Hanson

 Jacksonville marketplace, the office and industrial markets are stabilizing, and we’ve started to see an uptick in activity across our portfolio.”

The top five transaction highlights from the second quarter of 2010 in the Jacksonville market include:

  • MYEC, LLC renewed its lease for 7,386 square feet of office space at Deerwood North 100.
  • V-Blox Corporation renewed its lease for 5,535 square feet of industrial space at Jacksonville International Tradeport TDC II.
  • Nangwik Services, LLC leased 4,952 square feet of office space at Gran Park at the Avenues Building 100.
  • Rolland DelValle & Bradley Inc. renewed its lease for 4,467 square feet of office space at Dupont Center.
  • Wheeler & Associates CPA leased 1,783 square feet of office space at Gran Park at the Avenues Building 200.

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