Wells Fargo Center now called 1 Independent

The Downtown high-rise “will have the capitalization to be able to deliver on necessary expenditures to successfully secure new leases and renew existing tenants.”


Wells Fargo Center in Downtown Jacksonville.
Wells Fargo Center in Downtown Jacksonville.
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Wells Fargo Center now is marketed as 1 Independent as owners of the 37-story Downtown tower negotiate for a new anchor tenant after taking over the property April 22 in a deed-in-lieu of foreclosure.

Wells Fargo, a San Francisco-based banking institution, has had its name on the Northbank tower at 1 Independent Drive since 2011 but is downsizing its leased space this year.

“Downtown Jacksonville, like many cities around the country, is working through challenges related to both demand and supply side in the office market – in many cases driven by liquidity issues from the impact on interest rates,” said Zac Gruber, president of the Office Division of Miami-based Banyan Street Capital, in an email April 29.


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