Jags' owner backs purchase


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  • | 12:00 p.m. April 12, 2013
  • Realty Builder
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A development company led by Stephen Atkins, with financing from a company headed by Jacksonville Jaguars owner Shad Khan, has bought the old Barnett Bank Building and the three Laura Street Trio buildings in downtown Jacksonville, according to City records.

Property records filed at the Duval County clerk's office show two of Atkins affiliated companies bought the four buildings for $3 million.

The mortgage was provided by Stache Investments Corp. Records filed with the Florida Department of State show that Khan is the president of Stache Investments.

Also, Atkins and general contractors Woody Garner and David Searcy announced a merger of their related interest in multiple real estate companies. Atkins Group Inc., AGI Equities, Dav-Lin Construction Co. and Linea LLC have consolidated to create Southeast Development Group LLC.

 

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