David Hillegas, Buddy Register and Bob Retherford Negotiated the Lease on Behalf of the Jacksonville-Based Law Firm in Wells Fargo Center
JACKSONVILLE, FL, February 21, 2018 – Cushman & Wakefield has negotiated a long-term, 23,000-square-foot lease for law firm Smith Hulsey & Busey in downtown Jacksonville’s Wells Fargo Center. The Jacksonville-based law firm will occupy space on the 32nd and 33rd floors of the 648,307-square-foot office building.
Cushman & Wakefield’s Senior Associate David Hillegas, Senior Director Buddy Registe rand Senior Director Bob Retherford represented Smith Hulsey & Busey in the lease. The landlord is WFC Lessee, LLC.
Lease negotiations were nearing completion just as Hurricane Irma hit Florida, causing the Wells Fargo Center to close for nearly a month. The Cushman & Wakefield team worked diligently with the tenant and landlord to finalize lease terms as soon as the property was back in service.
At 1 Independent Drive, the 37-story Wells Fargo Center is the second tallest building in Jacksonville. The Class A property includes a 350-seat auditorium and an array of retail, including a coffee shop, sundry shop, florist, jeweler and salon. It is also home to The River Club, Jacksonville’s premier business club.
“Downtown Jacksonville is evolving, and office tenants are starting to see it as a viable alternative to the suburban office market,” said Hillegas. “Both the tenant and landlord in this case are very enthusiastic about downtown Jacksonville’s growth, and I wouldn’t be surprised if we start seeing similar large office leases in the future.”
Smith Hulsey & Busey will relocate from nearby One Enterprise Center, where it has the occupied the first two floors since 1986.
“As the firm moves into its second 100 years of service to the business community, our move to the Wells Fargo Center will be an exciting new chapter for the firm and our clients,” said Stephen D. Busey, Chairman of the law firm.
Smith Hulsey & Busey will move into the new space in November.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
About Smith Hulsey & Busey
Smith Hulsey & Busey is an independent full-service business law firm based in Jacksonville, Fla. Representative clients includes the ATP Tour, Baptist Health System, BBVA Compass Bank, Fidelity National Financial, Flagler Hospital, Jacksonville Port Authority and Wells Fargo. For more information, visit www.smithhulsey.com.
Cushman & Wakefield Media Contact:
David A. Meyer
+ 1 407 489 7488
Smith Hulsey & Busey Media Contact
+1 904 645 6200