Gramercy Woods gains Oracle Corp.

Tech company will lease space in Building 100.


Oracle Corp. will move into Building 100 at Gramercy Woods along Southside Boulevard.
Oracle Corp. will move into Building 100 at Gramercy Woods along Southside Boulevard.
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Gramercy Woods in Southside is gaining another tenant.

Oracle Corp. will lease almost 9,000 square feet in Building 100 at the 9000 Southside Blvd. office park.

Candice van der Laan, Oracle senior manager of corporate communications, said by email the company declines comment.

Plans show Oracle will lease space on the second floor of the 10-story structure. DPR Construction is the contractor.

Plans show a build-out of $800,000 to comprise offices, open office space, a board room, conference rooms and other functions.

Chuck Diebel, executive vice president of Colliers International Northeast Florida, said the lease fills up the remaining space in Building 100.

Oracle leases space now at 7660 Centurion Parkway in the Deerwood Park area near Tinseltown area. It is in the former SuperStock building that also is leased by neighbor Johnson & Johnson Vision Care.

Gramercy Woods is the former Bank of America Office Park. Bank of America consolidated among several buildings there, opening up two office buildings for lease, including Building 100.

Aetna moved into Building 100 as the anchor tenant.

Oracle, based in Redwood Shores, California, provides cloud computing for businesses. It reports it has 430,000 customers in 175 countries.

Foundry Commercial Principal Brad Chrischilles said the Oracle lease expires at the end of July. Oracle leased 40,000 square feet among two floors after an acquisition of a tenant in the building, but was using less.

Foundry is marketing the building for sale or lease. Chrischilles said a buyer could take half the building and receive the rents from the adjoining tenant.

Johnson & Johnson Vision Care leases the remainder of the building, which totals almost 73,000 square feet.

The building has an interior stairway and a dedicated entry. Building monument signage is available.

The structure was built for the SuperStock images company in 1993 and expanded in 1998. The site is about 4.9 acres.

Brennan Investment Group LLC of Rosemont, Illinois, bought it in August 2017 for almost $6.26 million. It had been sold twice before that.

 

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