A Jacksonville Transportation Authority property on the Downtown Southbank will be sold to a private company under action Sept. 4 by the JTA board.

The seven-member board voted unanimously to declare a JTA office building at 1022 Prudential Drive as surplus property and to authorize CEO Nat Ford to negotiate and execute a sale with TEK Enterprise for $1.8 million.

In a presentation to the board, Jessica Shepler, JTA senior vice president of public affairs, described TEK as a prosthetics company. No information was provided during the meeting about how the business was identified as the potential buyer, and emailed questions to JTA about the company were not immediately answered.

Colliers

The Loopnet.com commercial real estate website shows the property, marketed by Colliers, was listed

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