Taurus Investment Group Inc. sold One Deerwood Center on Nov. 30 to First-Citizens Bank & Trust Co. for $29 million.
The sale was recorded Dec. 5 with the Duval County Clerk of Courts.
The six-story, 164,456-square-foot building at 10201 Centurion Parkway N. was built in 1999.
Through Taurus One Deerwood LP, Taurus, of Altamonte Springs, bought the structure in 2007 for $24.75 million.
The building’s anchor tenant is shown as CIT, which is a division of First-Citizens Bank & Trust Co.
On Jan. 4, Raleigh, North Carolina-based First Citizens BancShares Inc., parent company of First-Citizens Bank & Trust Co., announced it completed its previously announced merger with CIT Group Inc.
First Citizens became a top 20 U.S. financial institution, with more than $100 billion in assets, and the largest family-controlled bank in the nation. The release said the merger brought together complementary strengths of both organizations, combining First Citizens Bank’s retail franchise and banking products with New York City-based CIT’s market position in nationwide commercial lending and direct digital banking.
The combined company operates under the First Citizens Bank name.
The release said that in addition to its Raleigh headquarters, First Citizens operates significant operation centers in New York, Pasadena, Omaha, Phoenix, Jacksonville, New Jersey and Columbia, South Carolina, among other locations.
