Dun & Bradstreet: A Case Study in Jacksonville's Booming Business Landscape In the realm of commercial real estate, a company's decision to relocate its headquarters signifies a significant commitment and can be a major boon for the chosen city. Let's explore the story of Dun & Bradstreet (D&B), a leading business data and analytics company, and its move from New Jersey to Jacksonville, Florida, in 2021.

Prime Location & Sustainable Choice (July 2021): D&B's landed at the 218,700-square-foot Town Center II building, built in 2019 at 5335 Gate Parkway. This strategic decision not only secured D&B a state-of-the-art workspace but also aligned with the growing emphasis on sustainability as a priority in the high-end commercial real estate market.

Incentives & Job Creation (July 2021): The City of Jacksonville actively courted D&B, offering a $21 million incentive package that included relocation and retention grants. While there was competition among other cities wanting the nearly $5 billion company headquarters relocation this financial aid, coupled with the city's pro-business environment, played a key role in attracting the company. The move promised the creation of 500 high-paying jobs, a significant addition to Jacksonville's workforce and economic return on investment.

Mutual Benefit & Exceeding Expectations (August 2023): Two years after the relocation, D&B CEO Anthony Jabbour expressed his satisfaction with the move. The company has been thriving in Jacksonville, exceeding its initial goals. This success story highlights the win-win nature of such corporate relocations. The city gains a high-paying major employer, while the company benefits from a qualified workforce and required infrastructure.

Jacksonville's Rise as a Business Hub: The Dun & Bradstreet case study serves as a powerful example of Jacksonville's burgeoning reputation as a premier business destination. The city's strategic incentives, combined with its passionate approach to attracting companies, are proving successful in luring major corporations and fostering economic growth. This trend continues as Jacksonville is well-positioned with other major brands including the Mayo Clinic present and a boom in commercial, retail, residential, and workforce construction is underway.