CNL Lands Leasing Job at SunTrust Tower

JACKSONVILLE, FL-The SunTrust Tower is getting a new leasing agent. Atlanta-based Parador Group has selected CNL Commercial Real Estate to lease more than 130,000 square feet of commercial office space in the SunTrust Tower. Located at 76 S. Laura St. in downtown Jacksonville, it was built in 1989 and renovated in 2004.   Principal Brad Chrischilles and VP Scott Henley of CNL Commercial Real Estate, an affiliate of CNL Financial Group, will serve as the leasing agents for Parador, the majority owner of the 360,000-square-foot building. The company declined to disclose the vacancy rate, but the tower has entire floors and individual suites available.

Although Jacksonville’s downtown office market was hit pretty hard in the last few years, with several large office users relocating to the suburbs and some delayed projects, CNL reports increasing activity since the fourth quarter of 2010. Chrischilles points to the 15-year, 180,000-square-foot lease CSX recently signed at the 550 Water St. building as a strong sign.