Thursday, May 17, 2007

Flagler To Build 142,000-SF Office Bldg. in Jacksonville Florida

Kemper Auto and Home Leases 80% of Lakeside Five at Flagler

Flagler Development Group will begin construction of Lakeside Five at Flagler in Jacksonville. The five-story, 142,000-square-foot, Class A office building will commence construction next month with a completion date set for second quarter of next year.

Along with this announcement, Flagler also announced that Kemper Auto and Home will occupy 113,600 square feet, an approximated 80% of the building. Kemper Auto and Home sells personal insurance through a network of independent agencies. The company will move from 5210 Belfort Road, Concourse II in Jacksonville.

Curtis Loftin of Beacon Realty Services represented the tenant. Ross Carrier and Gary Cox negotiated the transaction in-house for Flagler Development Group.

http://www.realestate-jacksonvilleflorida.com/business-journal-jacksonville-florida.html

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