Major tenant leases 125,000 square feet of space in Southside

Another Jacksonville company will be building a more than 100,000-square-foot office building as the global real estate development company Hinesannounced it has landed a tenant for its Gate Parkway development Southside Quarter.

McKesson Corp., a distribution of medical supplies, pharmaceuticals and laboratory products company, has signed a lease for 125,000 square feet in Hines’ mixed-use development.

“McKesson’s new facility will include a modern workspace that promotes collaboration and wellness features for our employees,” said Michael Huaco, a senior vice president with McKesson and its Global Head of Real Estate, in a 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.”

The announcement follows two other large office buildings breaking ground in 2017. Kansas City-based VanTrust Real Estate has signed both Availity LLC and Web.com as its main tenants for two office buildings also located on Gate Parkway.

The Southside Quarter office building construction will be joining a 306-unit apartment project that Hines is developing on the 110-acre property. The plans for the property also show future uses of a hotel and other commercial uses, including restaurants and retail.

“We are thrilled that McKesson selected Southside Quarter for its new Jacksonville office and are pleased to kick off the office component in our development with a high-quality, Fortune 500 Company,” said Lane Gardner, senior managing director for Hines.

Once completed, Southside Quarter is projected to have up to 350,000 square feet of office, 1,100 residential units, 140 hotel rooms and 100,000 square feet of restaurant and retail.

St. Vincent‘s has also purchased property at Southside Quarter to build an urgent care facility, and David Weekley Homes is developing 135 single-family homes in Southside Quarter.