McKesson Signs for North FL Office Building

The 125,000-square-foot property, part of Hines’ 105-acre Southside Quarter development, is scheduled to break ground this year and is anticipated to be ready for the tenant to move in next summer.

Southside Quarter rendering
Southside Quarter rendering

McKesson Corp. has signed a full-building lease for 125,000 square feet at Hines’ 105-acre Southside Quarter development in Jacksonville, Fla. The Class A office property is expected to begin site work this spring, with McKesson occupying the space in summer of 2019. Hines plans to construct another 125,000-square-foot office property and is presently building more than 300 luxury apartments and a number of single family homes as part of the Jacksonville mixed-use development. According to Yardi Matrix, the construction of the apartments is intended to wrap up in September 2018.

At the southwest corner of Interstate 295 and J. Turner Butler Boulevard, the four-story office building will be situated approximately 10 miles from downtown Jacksonville. St. Johns Town Center—an open-air Simon mall—is located just north of the Southside Quarter’s site. A number of other office properties sit in the immediate area, home to tenants including PNC Financial Services, PHH Mortgage, Danis and the FBI’s Jacksonville field office. McKesson’s building, designed by Rule Joy Trammel + Rubio, will be constructed to achieve LEED Silver and WELL certification.

“McKesson’s new facility will include a modern workspace that promotes collaboration and wellness features for our employees,” said Michael Huaco, senior vice president & global head of real estate for McKesson, in a prepared statement. “We are excited to continue growing in a community that reflects our focus on employee wellbeing, sustainability and innovation, and offers our employees access to local amenities.”

Image courtesy of Hines