A Corner Lot and JWB Real Estate Capital partnership resulted in the strategic acquisition of two notable Downtown Jacksonville properties and the hosting of Jacksonville’s first Beyond Van Gough: The Immersive Experience. The purchase included the parking garage at 712 Hogan Street North and the main auditorium at 119 Beaver Street West, which will host Beyond Van Gogh: The Immersive Experience starting on September 16, 2022. Produced by Paquin Entertainment Group, the unique experience has sold over four million tickets worldwide. For additional information, visit www.vangoghjacksonville.com.
“Collaboration is key to Corner Lot’s mission and we were grateful to work with JWB and DLP to secure these properties,” said Andy Allen, Corner Lot CEO. “We have a common goal of helping Jacksonville realize its full potential and compete on the national stage. We are beyond excited to host Beyond Van Gogh: The Immersive Experience and similar events that will bring people from all over the country to experience all our city has to offer.”
Officially closed on June 27, 2022, the deal secured the purchase of both properties from the First Baptist Church of Jacksonville for approximately $8,550,000. The parking garage will retain its current use for the foreseeable future. The long-term intended use of the auditorium will be to serve as a regional event space for events such as Beyond Van Gogh: The Immersive Experience, which has successfully garnered international acclaim in more than 40 cities in the U.S., Canada, and South America.
Corner Lot, led by Andy Allen and George Leone, and JWB Real Estate Capital, led by Alex Sifakis, Adam Rigel, Adam Eiseman and Gregg Cohen, incorporated DLP Capital as the lender for the real estate transaction. The Opus Group has been secured to help reimagine the auditorium, with the expectation of more major events to occur in the future. For additional information, visit www.cornerlotdevelopment.com.