JACKSONVILLE, FL—One building’s loss is another building’s gain. Colliers International Northeast Florida is playing some real estate musical chairs with its office leases in Downtown Jacksonville.
Colliers is moving from Wells Fargo Center to Bank of America Tower at 50 North Laura Street. The commercial real estate firm will expand and move its current offices into an 8,706-square-foot space on a multi-year term. Financial terms of the transaction were not disclosed.
Jones Lang LaSalle’s Kaycee Gardner represented the landlord during lease negotiations. Chuck Diebel of Colliers International represented the tenant. With less than 10% vacancy, Wells Fargo Center didn’t offer Colliers enough room to expand.
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