Skip to main content
Mathis Report
Jax Daily Record Thursday, Mar. 1, 201805:26 AM EST

Ashley HomeStore Outlet in review for Regency

Furniture store taking former Circuit City space near new Aldi at CB Square.

An Ashley HomeStore Outlet is in city review to join Aldi as a new tenant at the CB Square shopping center in Regency, almost filling up the property.

Ashley will lease the former Circuit City space for the outlet furniture store at 9317 Atlantic Blvd. and will anchor the western side of the center. 

The city is reviewing a permit for D.M. Watson Construction Cos. Inc. to renovate 35,520 square feet of space for Ashley Furniture at a cost of $343,000. John Reep is the architect.

Plans show a sleep center, showrooms, stockrooms and other uses. Circuit City closed in March 2009.

The lease would leave just a small amount of space available at CB Square.

Mattress Firm leases about 6,000 square feet of space between the Ashley store and the Aldi supermarket.

About 26,000 square feet is under renovation for Aldi in the former Bed Bath & Beyond, which closed in 2015.

A site plan by The Shopping Center Group shows an Ashley Furniture HomeStore. Ashley CEO Howard Fineman confirmed the outlet.

The group’s site plan for CB Square shows just a 4,417-square-foot space remains for lease on the east side of Aldi.

A second building on the site houses Panera Bread, Moe’s Southwest Grill and Starbucks Coffee.

The property is owned by Mibarev Development I LLC.

Ashley is based in Arcadia, Wisconsin. Three Ashley Furniture HomeStore locations operate in Jacksonville and one in Brunswick, Georgia.

Three buildings sold at Tradeport for $25.3 million

Jackson-Shaw sold three buildings it developed at Jacksonville International Tradeport in North Jacksonville to Colony NorthStar Inc. for $25.3 million.

Dallas-based Jackson-Shaw developed the structures – International 3 and 4 and the nearby Ecolab Inc. building.

It sold the properties, on about 26.35 acres, in two sales on Feb. 21 to Los Angeles-based Colony NorthStar.

Colony NorthStar is a global real estate and investment managing firm. Jackson-Shaw is a real estate investment and development firm that owns other Jacksonville assets.

Jackson-Shaw developed and sold:

• The 124,000-square-foot International 3 building on about 13.5 acres at 13525 International Parkway built in 2017. It is leased to Benco Dental.

• The 54,000-square-foot International 4 building on about 3.5 acres at 13475 International Parkway built in 2017. It is leased to Ecolab Inc.

• The 127,000-square-foot building on about 9.35 acres at 13500 Tradeport Circle E. was built in 2015 for Ecolab’s occupancy.

Daily’s in review at Kernan and Butler

Kernan West, at northwest Kernan and Butler boulevards, is in review for First Coast Energy to build a Daily’s on one of two remaining outparcels at the almost 22.2-acre property.

A member of the Skinner family and engineering consultant England- Thims & Miller Inc. applied to the city to determine concurrency capacity for First Coast Energy LLP.

The Jacksonville-based company could build a 6,000-square-foot gas station and convenience store on 2.85 acres at Kernan Boulevard and Betty Holzendorf Drive, south of the University of North Florida campus.

Kernan West also is planned for apartments on 17.3 acres. The Bainbridge Companies is considering development of 276 apartments there.

Another 2.02-acre parcel remains.

America’s Best store is approved

America’s Best Contacts & Eyeglasses was approved for build-out in 3,512 square feet of space in Atlantic West at 11770 Atlantic Blvd., No. 105. NCS Construction is the contractor.

Related Stories