The city approved a permit Aug. 24 for Duos Technologies Group Inc.’s new Jacksonville headquarters space at a cost of $973,229.
Emerald C’s Development Inc. will build-out almost 39,000 square feet of space on the first and second floors at 7660 Centurion Parkway, which is the former SuperStock building in Deerwood Park South.
The site is about 4 miles east of the current Duos office at 6622 Southpoint Drive S., Suite 310, in Fortune Plaza.
Jacksonville-based Duos Technologies Group announced Aug. 12 that it signed a lease for a new building and will move in this fall, but did not specify where or how large.
“We will move in by the end of October,” CEO Chuck Ferry said in a conference call with investment analysts.
The company said in a news release that the building is near the company’s current headquarters.
Duos spokesperson Fei Kwong said the company has more than 50 employees and will be consolidating from two locations into one..
“The new facility will house all staff in one location and has sufficient space for the Company’s anticipated expansion over the next 12 months,” the release said.
Duos Technologies Group owns Duos Technologies Inc., which designs, deploys and operates technology that supports rail, logistics, intermodal and government customers “that streamline operations, improve safety and reduce costs.”
Senior Director Chuck White and Senior Vice President Paul Kelly of Coughlin Advisors represented Duos Technologies in the lease negotiations.
Brennan Investment Group, based near Chicago, owns the Deerwood South building. Don Hamilton with Foundry Commercial manages it.
Foundry Principal and Jacksonville Director Brad Chrischilles said Aug. 5. that he represents Brennan Investment.