OfficeMax closing Southside Boulevard store in May

OfficeMax will close its store in May at 8801 Southside Blvd.
OfficeMax will close its store in May at 8801 Southside Blvd.
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OfficeMax will close its Southside Boulevard store May 14.

A closing sale is in progress at the 8801 Southside Blvd. location in Timberlin Village.

The store directs shoppers to its nearest Office Depot locations at 8653 Baymeadows Road and at 10601 San Jose Blvd.

Office Depot and OfficeMax merged in November 2013, continuing to operate as Office Depot Inc., based in Boca Raton. OfficeMax remains a brand in its portfolio.

Spokeswoman Sarah England said Monday that Office Depot announced in 2014 it planned to close about 400 stores over several years, and the Jacksonville store is one of them.

She said Office Depot has closed almost 350 in 2014 and 2015.

England said the company will do all it can to help associates who might be affected.

Office Depot will provide eligible workers with a severance package and other benefits or identify opportunities in other stores or in other areas of the company.

Not counting the Timberlin Village store, the company operates nine area stores.

Meanwhile, Office Depot Inc. has agreed to merge with Staples Inc., although the Federal Trade Commission has challenged the $6.3 billion acquisition by Staples.

Staples operates three stores in Jacksonville and one in Orange Park.

Office Depot reported annual sales of $14 billion and Staples reported $9.5 billion for their most recent fiscal years.

The two say their merger would save money as they face competition from discount retailers and Inc.

OfficeMax occupies 23,500 square feet of space at Timberlin Village, which is managed by The Shopping Center Group. Bed Beth & Beyond, Buy Buy Baby and PetSmart also occupy space at the center. Another smaller store space is available.

Bed Bath and Beyond Inc. owns the shopping center.

Devlin, Linton plan to develop 100 acres

Developers Wally Devlin and Micah Linton sold Southside property planned for apartments so they can pursue development of another 100 acres in that area.

Rimrock Devlin Development LLC sold 7.35 acres at Salisbury Road and A.C. Skinner Parkway to Portiva Residences LLC for $3.5 million Thursday.

Portiva, part of LIV Development of Birmingham, Ala., took out a $24.7 million mortgage from Trustmark National Bank of Birmingham for the project, whose address is 6898 A.C. Skinner Parkway.

The city is reviewing permits for the $24 million, 260-unit Portiva project. LandSouth Construction is listed as the contractor on a permit application.

Rimrock Devlin Development bought the land in January for $2 million and brought on LIV Development as a development partner.

Devlin said he and Linton arranged the entitlement work on the property and sold it to LIV. He said they were in a position to pursue two other larger sites that total 100 acres.

“We decided we had an opportunity to do a much bigger deal,” he said.

They declined details, other than that the property is in the Southside of Jacksonville.

They said they were preparing to announce the two projects, which are different in nature.

Devlin and Linton’s development experience in Jacksonville is varied.

They partnered in Rimrock Devlin Dorms LLC to develop and sell a Jacksonville University residence hall.

They bought the land in July 2014, developed the 274-bed dorm building on five acres and sold it in January for $17.5 million to a New York-based investor.

Rimrock Development, led by Linton, also has developed a site at The Markets at Town Center and sold it in 2015.

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