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Florida & Gulf Coast  + Florida  + Office  | 

LNR Engages Transwestern for Jacksonville BB&T Tower Assignment

Special servicer LNR Partners retained Transwestern to provide investment sales services for BB&T Tower, a 285,487-square-foot, Class A landmark office building at 200 W. Forsyth St. in downtown Jacksonville, FL. The 18-story, REO property by LNR is listed on Ten-X, with a final call for bids scheduled for May 31, 2018.

The BB&T-anchored asset encompasses a full city block, connected by a tunnel to a six-story parking garage across the street featuring ground-level retail. This year, a $3.87 million capital investment program was completed to upgrade the property, which was originally built in 1975.

Transwestern’s John Bell will facilitate the sale.

“Investors have shown interest in BB&T Tower, as the property’s recent renovations and increased office demand in the Jacksonville Northbank Central Business District have made it an attractive opportunity,” said Bell.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition