Digital Risk moving to Prominence office park


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Prominence office park in Baymeadows is gaining another tenant — Digital Risk LLC.

Digital Risk, a financial services company, will relocate 320 employees from JTB Center, at 5011 Gate Parkway, to 8900 Freedom Commerce Parkway, according to spokeswoman Brandie Young.

Young said the move will take place in mid-January, the month the lease expires at Gate Parkway.

“The company opted for the new, larger space largely because of the improved amenities for employees, such as increased parking, restaurants and cafeteria,” Young said.

She said the park, at Baymeadows Road and Interstate 95, is centrally located.

Digital Risk is one of several new tenants signed at the former Freedom Commerce Centre, whose owners have been repositioning the office park since buying it three years ago.

Crocker Partners has lifted occupancy from about 30 percent upon the purchase to 71 percent with the newest leases.

Young said Digital Risk will move from 40,000 square feet at JTB Center to about 55,000 square feet at Prominence. Scott Henley with Newmark Grubb Phoenix Realty Group represented Digital Risk. Jones Lang LaSalle represents property owner Crocker Partners.

The 8900 Freedom Commerce Parkway structure is Building 100, one of seven office buildings in the park. Digital Risk will lease about a third of the four-story building.

Crocker Partners, of Boca Raton, bought the park in December 2012 and renamed it from Freedom Commerce Centre to Prominence. It launched an $8 million renovation in April.

Joining Digital Risk as new tenants early next year will be the headquarters for NGA Human Resources North America and Jacksonville-based Southeastern Grocers LLC, which will occupy the entire Building 200.

Jones Lang LaSalle said occupancy should rise in Prominence to 78 percent with the pending announcement of another tenant.

Digital Risk is a Maitland-based consulting company that offers portfolio management solutions and business consulting services to the mortgage industry. It is owned by Mphasis Ltd.

Digital Risk moved into Jacksonville in 2010 upon the city and state’s approval that April of $525,000 in Qualified Target Industry tax refunds, of which the city was responsible for up to $105,000.

Digital Risk pledged to create 175 jobs by the end of 2012 and moved into the JTB Center.

It promised to pay an average wage of $45,564 and said it would hire mortgage underwriters, analysts, IT support and operations management.

By March 2013, Digital Risk had grown to about 204 employees, according to a city summary.

City Council then approved $300,000 from Countywide Economic Development Trust Fund for Digital Risk to create 300 new jobs, at an average $49,820, by the end of 2017 and retain the existing jobs.

The state was asked for up to $300,000 from its Quick Action Closing Fund.

By yearend 2014, Young said the company had 226 jobs and has added almost 100 more since then.

“The bottom line is the company has been successful in all job-creation commitments,” she said.

 

[email protected]

@MathisKb

(904) 356-2466

 

 

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