JACKSONVILLE, FL-A little more than a year after acquiring the Greystone Park office center, Taurus Southern Investments’ has brought occupancy at the property to 75%. A seven-year, 14,054-sf lease with locally based Renaissance Behavioral Health Systems Inc. pushed the property to that mark.

Heidi Adams, director of leasing for Taurus Southern Investments, declined to discuss precise deal terms. However, she says the average rental rate for Greystone Park is $12.75 per sf NNN, which is comparable to competitive rates in the area.

Peter Ramsey and Traci Jenks of CB Richard Ellis, Jacksonville, represented Taurus Southern, and Joe Ayers of CB Richard Ellis, Jacksonville, represented the tenant. The Renaissance Behavioral Health Systems network is comprised of three nonprofit organizations: Renaissance Behavioral Health Systems Inc., Mental Health Resource Center Inc. and Mental Health Center of Jacksonville Inc.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.