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Colliers International Northeast Florida Facilitates Lease of Southside Office Building

May 5th, 2019 · Leave a Comment

Colliers International Northeast Florida recently facilitated a 106,957 square foot lease at Gramercy Woods Building 700, located at 9000 Southside Blvd in Jacksonville’s Southside submarket.

Chuck Diebel, Wade Powers, Matt Entriken and Bob Selton of Colliers International Northeast Florida represented the landlord, Glenfield Capital, LLC, in the transaction. Leon Manoff of Colliers International New York and Guy Preston of Colliers International Northeast Florida represented the tenant, SS&C Technologies, Inc. The long-term deal will expand SS&C’s current lease from 73,005 square feet to 106,957 square feet.

Atlanta-based Glenfield Capital purchased the building, along with five other structures in the Gramercy Woods office complex, from Gramercy Property Trust on April 17, 2019, for $53 million. The portfolio includes two office buildings, two parking garages, a Bright Horizons child care and preschool center and a vacant 22,000-square-foot building. Over the next five years, Glenfield Capital plans to make enhancements to the properties. SS&C Technologies has been a tenant of Building 700 since 2017.

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