A development company led by Stephen Atkins, with financing from a company led by Jacksonville Jaguars owner Shad Khan, has bought the old Barnett Bank Building and the three Laura Street Trio buildings in Downtown Jacksonville, according to City records.
Property records filed Tuesday at the Duval County Clerk's office show two affiliated companies bought the four buildings for a total of $3 million.
A company called Barnett Tower LLC acquired the Barnett building from JDI Adams Street LLC of Chicago. Documents list Atkins as the manager of Barnett Tower. The nearby Florida Life Building, Bisbee Building and the Marble Bank Building, collectively known as the Laura Street Trio, were acquired by a company called Laura Trio LLC.
There is no document filed showing Atkins' role with Laura Trio LLC, but the deeds filed for Barnett Tower and Laura Street Trio show that both sales were "part of one transaction."
The $3 million mortgage for the sale was provided by Stache Investments Corp. Corporate records filed with the Florida Department of State show that Khan is the president of Stache Investments.
A follow-up article was published on April 3rd
(904)356-2466