Duke Addison
President / CEO, Addison Commercial Real Estate, Inc.
Jacksonville, FL 32256
President/CEO at Addison Commercial Real Estate
Phone (904) 354-1789 x212
Mobile (904) 838-6804
President/CEO at Addison Commercial Real Estate
Specialties
Investment Sales Broker, Tenant Rep
Property Types
Industrial, Land, Office, Retail, Flex
Markets
Jacksonville (Florida), Tampa/St Petersburg
Bio
Grafton D. "Duke" Addison, III began working in the Jacksonville commercial real estate market as a Leasing Manager with Koger Properties, Inc. in 1987. He quickly became their number one leasing agent and consistently ranked among the top 10% of the company''s leasing agents nationwide. Mr. Addison went on to serve as Vice President for The Cantrell Weaver Company and later as Senior Vice President Office Division of Cantrell Weaver Real Estate Services, Inc. In 1993, Mr. Addison joined Schultz Properties, Inc. as a Partner in the firm. In February of 1996, Schultz Foster Addison Real Estate, Inc., was formed as a commercial brokerage, property management, development , syndication and consulting company. In July of 2002, Mr. Addison obtained 100% ownership of Schultz Foster Addison Real Estate, Inc. by acquiring the outstanding shares of stock owned by the two other Partners. In November 2002, the name of the firm was changed to Addison Commercial Real Estate, Inc. to reflect Mr. Addison''s sole ownership of the firm. In the past fifteen years, Mr. Addison has leased & sold over 2.5 million square feet of commercial property with a value in excess of $175 million. Duke and his wife Penny live in Mandarin with their two children. He holds a Bachelor of Arts degree in English from The Virginia Military Institute and an M.B.A. from Jacksonville University. He sits on various non-profit Boards and coach''s youth sports year-round. Duke brokered 47 deals totaling 986,627 sq. ft. in the last 365 days. Top Tenant Clients include Ethan Allen Furniture, Mortgage IT, First Atlantic Bank, CopyFax, & Department of Health. Top Owners Represented include 5730 Bowden Point, LLC; Coker, Myers Schickel, etal; Maxium Investments; & Florida Exchange 2005, LLC. Brokered 12 Sale Transactions totaling over 1.1 million sq. ft. in the last 12 months.
