JACKSONVILLE, FL-Modis Building's lender Wachovia, a Wells Fargo Co., has moved the building to CW Capital Asset Management, specialist in defaulted loans.
This move is a consequence of the building's tenant MPS Group Inc.'s lease expiry in April 2011. MPS Group has occupied nearly 17.7% of the building. Eola Capital LLC based in Orlando is the owner of the building. The owner expects to sign a new tenant for that space within 60 to 90 days.For the full story, go to Jacksonville Business Journal.
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