array(6) {
[0]=>
int(24430)
[1]=>
int(24431)
[2]=>
int(24432)
[3]=>
int(24433)
[4]=>
int(24434)
[5]=>
int(24435)
}
array(6) {
[0]=>
int(24430)
[1]=>
int(24431)
[2]=>
int(24432)
[3]=>
int(24433)
[4]=>
int(24434)
[5]=>
int(24435)
}
array(6) {
[0]=>
int(24430)
[1]=>
int(24431)
[2]=>
int(24432)
[3]=>
int(24433)
[4]=>
int(24434)
[5]=>
int(24435)
}
array(6) {
[0]=>
int(24430)
[1]=>
int(24431)
[2]=>
int(24432)
[3]=>
int(24433)
[4]=>
int(24434)
[5]=>
int(24435)
}
array(6) {
[0]=>
int(24430)
[1]=>
int(24431)
[2]=>
int(24432)
[3]=>
int(24433)
[4]=>
int(24434)
[5]=>
int(24435)
}
1999/2020
Year Built
Southside
Submarket
Notes
Overview
Located in the Deerwood North Class-A office campus in Jacksonville’s Southside, this sublease opportunity presented a high-quality, move-in ready space in a desirable location. The building benefits from strong visibility, amenities, and convenient access to major highways and nearby retail/dining.
The Deal
Represented by Patrick Carney and Sydney Miles on behalf of the landlord, and Pacifico Properties-LLC representing CF Capital, the parties negotiated a 40-month lease at $24.91 per sq ft. The tenant committed to roughly half of the available suite, leaving 7,758 sq ft remaining for sublease.
Results
The leasing rate reflects competitive pricing in the market for high-quality space in a strong suburban office park.
By securing a portion of the suite for CF Capital, the landlord secured immediate occupancy and cash-flow, while preserving a sizable remainder of the space for future leasing.
Takeaways
Sublease or partial-lease strategies can work well in larger suites: the landlord retains flexibility, the tenant secures high-quality space, and market momentum is leveraged.
Location, quality of space and amenities remain key drivers even in sublease transactions.
