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Jax Daily Record Tuesday, Jul. 28, 201512:00 PM EST

Two Arlington Expressway buildings sell for $2.25M

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A South Florida investment group paid $2.25 million last week to buy two Arlington Expressway buildings and some vacant land.

Omega Group Center LLC of Aventura bought the property from Benwood Investments LLC of Stockbridge, Ga.

Those properties are assessed for 2015 tax purposes at $2.88 million. Property Appraiser records list the market value at $6.5 million.

Benwood had purchased the property in March for $750,000, property records show.

The seller was BOTO FL Properties LLC, which is Bank of the Ozarks in Little Rock.

The property descriptions show Benwood had acquired two six-story buildings at 7960 and 8000 Arlington Expressway, totaling almost 189,000 square feet of office space on 9.56 acres. They were built in 1972 and 1973.

The descriptions show Benwood also bought 6.32 acres of vacant commercial land.

Omega Group’s purchase July 22 included the same legal descriptions.

A third building, at 7820 Arlington Expressway, is owned by a Miami investor. That six-story, almost 93,500-square-foot building was built in 1975 and formerly housed the Federal Bureau of Investigation’s Jacksonville field office. The FBI moved to Gate Parkway in 2009.

Benwood Investments Manager Benjamin Helms has not returned calls left on numbers for him listed with WhitePages.com.

Omega Group Center is led by managers Jacky Schneider and Yaron Teshby of Aventura.

Their registered agent was unavailable and his office said to call back at the end of August.

The office park is flagged as Three Oaks Plaza.

Concorde Career Institute moved from the 7960 building in 2013 to Salisbury Road.

Il Desco conversion about to start

The conversion of Pele’s Wood Fire into the new Il Desco restaurant in Riverside is at least a $302,000 construction project.

Danis Construction LLC and restaurant owner MAF Restaurant Group LLC applied for a building permit to renovate Pele’s, at 2665 Park St., into Il Desco.

MAF Restaurant Group and Forking Amazing Restaurants LLC announced the name and concept change in June. The restaurant, at Park and King streets, should open this fall.

Il Desco will serve Italian cuisine in lighter portion options; housemade pastas; and a large selection of wood-fired pizzas. It also will feature a full raw bar with oysters and seasonal seafood.

TierPoint buys  CxP Data Centers

TierPoint LLC of St. Louis bought Jacksonville-based CxP Data Centers on Monday for $11 million.

TierPoint Florida LLC bought the 121,000-square-foot facility at 8324 Baymeadows Way from CxP Capital LLC and will immediately rebrand it as TierPoint.

The company said the CxP center is the largest colocation facility in Northeast Florida and will include about 65,000 square feet of data center space once it is fully built out.

The company said the building is designed to be hurricane-resistant, ballistic-hardened and is within hundreds of yards of the main fiberoptic lines that serve Florida.

The Duval County Property Appraiser reports the 12-acre property carries a 2015 market value of $5.96 million and is assessed for tax purposes at nearly $4.8 million.

TierPoint said the facility reopened in March 2014 after renovations to include a network operations center and disaster recovery and business continuity space. TierPoint said the center also can support a wide range of computing densities for cloud computing and managed hosting services.

“This acquisition is a great fit for TierPoint, expanding upon our growth strategy in Tier 2 markets,” said Jerry Kent, TierPoint’s chairman and CEO, in a news release.

TierPoint owns and operates data center space in 14 U.S. markets in Florida, Washington, Texas, Oklahoma, Pennsylvania, Maryland, New York, Massachusetts and Connecticut.

Gateway Center adding Papa John’s Pizza

Terranova Corp. said it has leased space to Papa John’s Pizza at Gateway Town Center in North Jacksonville. Papa John’s signed a five-year lease for a 1,852-square-foot space at 5290-5 Norwood Ave. It should open in November or December.

Gateway tenants include Publix, Youfit Health Club, Subway, Foot Locker, Hibbett Sports, Payless, DTLR and others.

Ash Properties files for Flagler commercial site

Ash Properties filed site plans with the city for its proposed 9-acre retail and commercial development in Flagler Center in South Jacksonville.

Ash Properties owns the site through Flagler Vision LLC.

Plans show three buildings for 50,000 square feet of retail, commercial and restaurant space south along Old St. Augustine Road between Flagler Center Boulevard and Kenan Drive.

An affiliate of Ash Properties paid almost $2.35 million in November to buy the property, where it has rights to build up to 134,000 square feet among three or four buildings. However, site plans show another 45,000 square feet of office space, totaling 95,000 square feet for development.

Flagler Vision LLC is controlled by Miklaine LLC, whose manager is Elaine Ashourian at the Ash Properties office at 7880 Gate Parkway.

[email protected]

@MathisKb

(904) 356-2466

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