Press Release brought to you by NAI TALCOR

NAI TALCOR Announces Largest State Office Relocation in Two Decades

03/26/2019

TALLAHASSEE, FLORIDA – [ March, 2019] – NAI TALCOR, a member of the world’s premier managed network of commercial real estate firms, announced today that John McNeill, a member of our Tallahassee brokerage advisor team, worked with Blackwater Resources to negotiate one of the largest office relocation opportunities for the State of Florida. The Centre of Tallahassee will be the relocation site of over 400,000 SF of State offices in 2019. Moving from multiple locations, The Department of State Division of Corporations, The Department of Health, and The Department of Children and Families are among the offices that will make The Centre of Tallahassee their new home.

Over the last few years, The Centre of Tallahassee has revitalized the former Tallahassee Mall property including The Pavilion, an event space for concerts, parties, and more. This location is also home to the School of Arts and Sciences. With additional retail stores including Belks, AMC, Dreamland BBQ, Ross Dress for Less, Dollar Tree, Guitar Center, Barnes and Noble, Cold Stone Creamery, and more.

“I believe in their eyes they always knew this would be a mixed-use project, but I am not sure they ever envisioned the amount of success we would have in securing these tenants.  This is an excellent repurpose of an extremely well-located asset at a time when we see traditional malls challenged by high vacancies.  It is also a huge win for the State of Florida as it allows them to move into a facility with all new roofs, mechanical, finishes, and furniture at a fraction of the cost of a new building. The reorganization of the interior to accommodate office space is currently in progress, and very slight changes to the exterior to denote the location of each department is planned.”  - John McNeill, Commercial Advisor of NAI TALCOR Commercial Real Estate Services

The Centre will deliver approximately 2,000 additional state positions, bringing a resurgence of the property and surrounding North Monroe corridor. The idea to pursue the State of Florida as a potential tenant for the Centre was one that NAI TALCOR Advisor John McNeill approached ownership with in early 2017.  NAI TALCOR was hired by Blackwater Resources and worked in conjunction with them to land these deals.

ABOUT NAI TALCOR
With 70 team members including 30 licensed commercial sales advisors, NAI TALCOR is the leader in the North Florida, South Georgia and South Alabama markets. NAI TALCOR is a full service commercial real estate brokerage, property management, development and construction management firm. Providing commercial real estate services since 1990, NAI TALCOR has steadily grown by meeting client needs and partnering with others to promote mutual growth and prosperity in all aspects of commercial property ownership.

NAI TALCOR clients receive global reach with local expertise, a truly distinct advantage in commercial real estate services. Whether real estate requirements are in one market or many, we help our clients understand the market, acquire, dispose of, develop or manage their property with ease.  

NAI TALCOR provides comprehensive brokerage, leasing, property management, receivership services, and facility/construction management to the North Florida, South Georgia and South Alabama commercial real estate marketplace. Our collaborative services platform, expansive, yet nimble responsive structure which enables efficient, full services delivery of all elements of Commercial Real Estate Services to the region. NAI TALCOR is involved with the leasing, selling, and property management throughout North Florida, South Georgia and South Alabama. Our skilled professional specialize in office, retail,industrial, land, multi-family, special-purpose, medical, and other properties.

ABOUT BLACKWATER RESOURCES
Blackwater Resources is privately held, full service real estate development company specializing in all aspects of real estate investment including ground-up development, net lease,  redevelopment, acquisitions, leasing and management. Blackwater was assembled by industry professionals with over 100 years of collective experience and leverages its’ experience, knowledge, expertise, and financial capacity to pursue and evaluate real estate projects and investments of all sizes with a primary focus on the Southeast and Mid-Atlantic regions, allowing Blackwater to expand on its in-depth market knowledge and key relationships to further deal flow and identify new opportunities.  With its roots beginning in the 1980’s developing large shopping centers and traveling across the entire country performing site selection and development, Blackwater continues to excel and adapt with the changing retail market constructing grocery-anchored developments, preferred developer single-tenant site selection and acquisition, and redevelopment of existing assets. Blackwater has become synonymous with unprecedented expertise exhibited through its long track record of retail development amid changing real estate cycles and economic environments.

ABOUT NAI GLOBAL
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. Whether you need to buy, sell, lease, finance, or manage commercial property in your town, across the U.S. or in Asia, Europe, Latin America, and beyond, your nearby NAI Global local office is your local point of entry into a world of creative solutions in commercial real estate.

Exceptional global commercial real estate solutions begin with local market leadership and expertise. NAI Global offices are respected local-market roles models that are passionate about the commercial real estate business. With long histories of success across market cycles, NAI Global offices have a hard-earned, unusually deep level of local market knowledge and insight beyond the commoditized data you find elsewhere. This depth of knowledge is borne from their local relationships nurtured for generations-relationships that give our local-market leading offices the edge with the know-how, who, what, where, and when to achieve exceptional results for clients.

As an organization, NAI Global actively manages this industry-leading platform of local market knowledge and leadership, providing support and services that yield seamless integration and the consistent delivery of exceptional services to clients worldwide.

To learn more, visit www.TALCOR.com or www.naiglobal.com

Contacts:
Jessica Drake                                                         John McNeill

Director of Strategic Marketing                               Commercial Advisor  
NAI TALCOR                                                           NAI TALCOR    

(850) 224-2300                                                        (850) 224-2300

jdrake@talcor.com                                                  jmcneill@talcor.com

03/26/2019 - 12:15

Source

NAI TALCOR

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