Flagler recently announced Black Diamond Performance Reporting, a Jacksonville-based provider of Web-based, outsourced portfolio management and reporting platforms, has signed a five-year lease for a new headquarters space located at Deerwood South business park. The 20,540-square-foot office space will allow Black Diamond to expand its current headquarters and continue to grow. The company currently has offices in Jacksonville, New York, San Francisco, Philadelphia, Denver and Dallas.

Flagler’s Senior Director of Leasing, Ross Carrier, represented Flagler in the transaction. Lou Nutter, Senior Vice President of CB Richard Ellis, represented the tenant. Here’s what Black Diamond’s CEO Reed Colley had to say about the deal in a press release:

“Black Diamond has had the good fortune to experience tremendous growth over the past few years, and we were in need of a new headquarters that could better accommodate our current size, maximize efficiencies, and allow for continued expansion in the very near future. Flagler’s Deerwood South office park is a great fit for our needs in a first-class corporate setting that offers convenient access for our employees and clients. We look forward to growing our business here.”

The lease will relocate Black Diamond from its current location on Sutton Park Drive South off Hodges Boulevard to 10151 Deerwood Park Blvd., Building 400, in Flagler’s Deerwood South business park. This is Flagler’s third major lease signed at Deerwood South in 2010. The other two leases include Adecco Group North America and Fortegra Financial, both of which located from downtown Jacksonville to the Southside area.

Deerwood South is a two-time TOBY winner for Best Suburban Office Park and features four Class-A buildings offering 521,971 square feet of total office space. The business park is located at the intersection of Southside Boulevard and J. Turner Butler Boulevard with easy access to Interstate 95 and other major roadways, as well as the neighboring St. Johns Town Center.

For more information about Flagler’s Deerwood South business park or its other regional property offerings, visit www.flaglerdev.com. Do you have any interesting news from the commercial real estate industry? Share your thoughts and comments below!