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Mathis Report
Jax Daily Record Friday, Jun. 30, 201709:35 AM EST

The Mathis Report: Lemonis brings Union 73 to Town Center

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Retail boutique focuses on fast-fashion clothing at affordable prices.

The city issued a sign permit for Union 73 at the address of Denim & Soul, another Lemonis concept, at 4742 River City Drive in the Southside shopping center.

Union73.com shows the store at Denim & Soul in Town Center.

A Lemonis spokesman did not immediately respond to questions, but the sign could indicate a concept change from Denim & Soul.

Denim & Soul opened last year in Jacksonville. Lemonis featured the store during Season 4 of his CNBC reality show, “The Profit.”

Denim & Soul, selling jeans and high-end clothing and accessories, opened in the space vacated by the bankrupt Cachè. 

Business-turnaround investor and entrepreneur Marcus Lemonis opened Union 73 in May in Minneapolis as “the go-to trendy retailer in this community with our ever-changing collection of top quality men’s and women’s fashions,” including denim.

The group announced in May it would add locations, including Jacksonville and Chicago.

Lemonis is active in Jacksonville. He featured Jacksonville’s Sweet Pete’s candy store in 2014 on “The Profit.”

After he made a 50 percent investment in the business, Sweet Pete’s moved Downtown from Springfield into the renovated Seminole Club and expanded to Lake Forest, Illinois, near Chicago.

He also is an owner in AutoMatch USA, which has a Jacksonville operation at 9012 Beach Blvd., and is chair and CEO of Camping World Inc., an RV superstore with a Jacksonville location at 10101 Interstate Center Drive. He also leads Good Sam Enterprises Inc., a club for RV owners.

Josephs Group buys Monument Landing for $12.2M

The Josephs Group of New York added to its Jacksonville retail holdings with the purchase Monday of Monument Landing in Arlington for $12.2 million.

Through Monument Landing LLC, the group bought the 66,780-square-foot retail center on 8.85 acres at 2485 Monument Road.

Howard Josephs, an owner in the group, said Thursday he plans to make capital improvements, “fixing up and cleaning up and leasing up.”

He said the property had about 7,000 square feet of space available for lease.

“We like the area and believe it can be a great center,” Josephs said.

The site is at Monument and McCormick roads, across Monument from the corner where Wawa intends to build one of its gas stations and convenience stores.

The Josephs Group bought Monument Landing from Nightingale Properties of New York.

Major tenants include Walgreens and Bailey’s Health & Fitness.

The property is assessed at almost $7.3 million. Nightingale Properties says it has 61,754 square feet of leasable space.

The center was developed in 1988 and Walgreens was built in 2008.

The Josephs Group is based in Orangeburg, N.Y. 

Through Blueberry Commons LLC, The Josephs Group bought the Medical & Merchants Center for $25.7 million in March 2016. That center is at Beach Boulevard and San Pablo Road.

The Publix Super Markets Inc.-anchored center was rebranded as Intracoastal Plaza. Josephs said his group was renovating that property.

“We’re always looking for more property,” he said.

Retail notes

The developer of Dollar General stores received an expedited mobility fee calculation certificate to develop a 9,100-square-foot retail store on 1.9 acres at Yellow Bluff and Starratt roads. 

Concept Development LLC has developed many of the Dollar General stores in the area.

The city is reviewing site plans for RaceTrac Petroleum Inc. to develop a convenience store and gas station on 2 acres at Mayport and Dutton Island roads.

Food note

Jersey Mike’s Subs wants to renovate space at 9960 Southside Blvd., No. 107. It’s a pending $180,000 build-out of 1,058 square feet of space.

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