Heritage Capital Group and Business Valuation Inc. intend to move from near St. Nicholas to the Southpoint area in mid-October.
The companies will move into about 10,000 square feet at 5210 Belfort Road, Suite 300, in the Concourse II building.
They will move from about 8,000 square feet at 4417 Beach Blvd., Suite 302, in the Midtown Centre Office Park.
Don Wiggins, CEO of Heritage and president of Business Valuation, said the two companies have about 40 people and a small office in Savannah.
Wiggins said the companies have been in MidTown Centre for almost 13 years.
“We’re moving for the space, and it’s a better location for our business and for more of our people. It’s also a newer building,” he said.
Property records show the Concourse building was developed in 1999 and the Midtown structure in 1985.
The city approved a permit Sept. 9 for Dav-Lin Interior Contractors to build-out the Concourse offices at a cost of $156,600.
Heritage Capital Group is an investment banking and financial advisory firm serving middle-market and emerging growth companies in the U.S. and worldwide.
It has 18 principals focusing on industry sectors.
Business Valuation Inc. provides valuation services, litigation support, and advisory services to business owners, executives, attorneys, and accountants. his is the story here.
Midtown Centre Office Park originally was the Koger Center. It was developed between Beach Boulevard and the Hart Bridge Expressway, and is near the St. Nicholas area.
Jacksonville’s Ira Koger, who died in 2004 at age 91, was a pioneer of the suburban office park market and started in 1957 what became Midtown Centre. Many of the mostly low-rise buildings were built in the 1960s and 1970s.