PHH Mortgage Moving Jax Office
PHH Mortgage is moving from the building it currently occupies off Gate Parkway to a smaller space in the Deerwood area off Baymeadows Way. PHH was leasing the entire 150,000 square foot, 3 story building off Gate Parkway, and will be downsizing to around 100,000 square feet in the new building, which it will share with other tenants. PHH will take half of the first floor, and the entire 2nd and 3rd floors of the 5 story building at 8800 Baymeadows Way. PHH cut a third of it’s Jacksonville workforce back in 2013, and ever since, it had excess/unused space in the Gate Parkway building. Commercial RE insiders have known for months that this deal was in the works, but it was not made public until recently. Deutsche Bank, who is currently expanding it’s Northeast Florida presence, will be signing a lease to occupy the former PHH Mortgage Building.
This news follows other recent announcements related to other companies relocating to the Baymeadows area, including Southeastern Grocers (Winn-Dixie) and Digital Risk, LLC. (Former blog post here)
Posted on November 17, 2015, in JAX Daily Record, Jobs/JAX Economy, Office, Uncategorized and tagged deutsche bank, Digital Risk, PHH Mortgage, Southeastern Grocers. Bookmark the permalink. Leave a comment.