{"id":1004057569,"date":"2013-01-11T11:13:00","date_gmt":"2013-01-11T19:13:00","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=93960"},"modified":"2022-12-09T01:57:08","modified_gmt":"2022-12-09T09:57:08","slug":"ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/","title":{"rendered":"FFG Expands Downtown Footprint, Signs 38K Lease in SunTrust Tower"},"content":{"rendered":"

By Georgiana Mihaila, Associate Editor<\/em><\/p>\n

Financial services corporation Foundation Financial Group (FFG) is increasin\"\"<\/a>g its presence in downtown Jacksonville. The company has signed a lease to occupy 38,000 square foot in the SunTrust Tower.<\/p>\n

\u201cFFG has experienced tremendous growth over the last several years and our expansion into the SunTrust building was a strategic move to accommodate that growth,\u201d said FFG Chief Financial Officer, Tanya Mauro. \u201cThis lease provides us the opportunity to grow our business and support the city in which we work in live. We are proud to do our part to help rejuvenate downtown Jacksonville and make Northeast Florida more appealing.\u201d<\/p>\n

According to a company release, FFG estimates that it will be injecting over $1.5 million into the downtown market over the next three years. Up to now, FFG has been leasing approximately 18,000 square feet in One Enterprise Center on Water Street.<\/p>\n

The 23-story SunTrust Tower is a Class A office building which encompasses 383,239 square feet of space and accommodates about 150 people per floor. Built in 1989, the building was last renovated in 2004. Located in the very center of Jacksonville\u2019s downtown central business district, the building offers tenants views of the St. John\u2019s River and places them within walking distance from the Jacksonville Landing and several nearby eateries.<\/p>\n

The tower\u2019s current occupancy rate is 41 percent. Once FFG takes possession of the space, the occupancy rate of the building will increase to 50 percent. Owner Parador Partners LLC is confident that, along with FFC\u2019s move, advertisers, lawyers, IT shops and accountants will also be seeking space nearby.<\/p>\n

Image via CoStar<\/h6>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Financial services corporation Foundation Financial Group is pursuing its aggressive development goals by increasing its presence in downtown Jacksonville. According to a recent announcement, the company has recently signed for 38,000 square feet in the SunTrust Tower, which will accommodate about 150 people per floor.<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1591,21742],"tags":[],"class_list":["post-1004057569","post","type-post","status-publish","format-standard","hentry","category-jacksonville","category-latest"],"acf":[],"yoast_head":"\nFFG Expands Downtown Footprint, Signs 38K Lease in SunTrust Tower - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FFG Expands Downtown Footprint, Signs 38K Lease in SunTrust Tower\" \/>\n<meta property=\"og:description\" content=\"Financial services corporation Foundation Financial Group is pursuing its aggressive development goals by increasing its presence in downtown Jacksonville. According to a recent announcement, the company has recently signed for 38,000 square feet in the SunTrust Tower, which will accommodate about 150 people per floor.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-01-11T19:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:57:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/01\/suntrust-tower.jpg\" \/>\n<meta name=\"author\" content=\"Georgiana Mihaila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/\",\"name\":\"FFG Expands Downtown Footprint, Signs 38K Lease in SunTrust Tower - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/01\/suntrust-tower.jpg\",\"datePublished\":\"2013-01-11T19:13:00+00:00\",\"dateModified\":\"2022-12-09T09:57:08+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7f47e1fdc15ee76043a807c37aa761f9\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/01\/suntrust-tower.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/01\/suntrust-tower.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ffg-expands-downtown-footprint-signs-38k-lease-in-suntrust-tower\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FFG Expands Downtown Footprint, Signs 38K Lease in SunTrust Tower\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7f47e1fdc15ee76043a807c37aa761f9\",\"name\":\"Georgiana Mihaila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/701123f51f1573cc9bff912fc3f0429d493e3510649d1a43b3860d25016b8d71?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/701123f51f1573cc9bff912fc3f0429d493e3510649d1a43b3860d25016b8d71?s=96&d=mm&r=g\",\"caption\":\"Georgiana Mihaila\"},\"description\":\"After spending the first 6 years of her career training in the art of real estate alongside the Yardi team, Georgiana went on to become VP of Marketing for Montreal-based fintech company NestReady, then to run the marketing department behind one of the world\u2019s leading self-dev media companies, Goalcast Inc. 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