Cushman & Wakefield Negotiates Top-Floor Lease for KBJ Architects at Bank of America Tower in Jacksonville
Senior Director Traci Jenks Also Represented KBJ in Sale of Its Former Office
JACKSONVILLE, FL, June 4, 2018 – Cushman & Wakefield has negotiated a 13,000-square-foot, top-floor lease for KBJ Architects at Bank of America Tower. At 42 stories, the property is Jacksonville’s tallest building.
Cushman & Wakefield Senior Director Traci Jenks represented Jacksonville-based KBJ Architects in the lease. The landlord is Hertz Investments. Jenks also represented KBJ in the sale of its former office at 510 N. Julia St., a historic property known as the Porter House Mansion. KBJ had occupied the entire 16,000-square-foot building since 1984. It sold in December to a Missouri-based real estate investor.
Founded in 1946, KBJ is an architectural and interior design firm that does work around the world. Locally, KBJ’s designs include 27 downtown Jacksonville projects, such as the Duval County Courthouse, CSX Corp. headquarters and First Baptist Church of Jacksonville.
The company employs around 20 people and plans to hire up to five more employees, now that they are in the new space.
Situated at 50 N. Laura St., Bank of America Tower is a Class A property with more than 660,000 square feet of office space. The top floor has not been leased to an office user for over 15 years, since Barnett Bank/NationsBank had their executive offices on the floor.
KBJ did not make any significant modifications to the 42-floor space and wanted to keep the original finishes.
“For KBJ, the opportunity to relocate their office to the top floor of Jacksonville’s tallest office tower was an amazing opportunity,” said Jenks. “Between the views, the location and the ornate finishes, this is the coolest office space in the market.”
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
