Report: Shad Khan now owns Barnett Bank Building

Khan's investment company bid $50,100 for property in foreclosure auction

JACKSONVILLE, Fla. – The 18-story Downtown historic Barnett National Bank Building now belongs to jaguars owner Shad Khan, according to a report from the Financial New & Daily Record.

Khan's Stache Investments bid $50,100 for the building in a foreclosure auction Wednesday morning.

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Khan had loaned developer Steve Atkins $3 million in April 2013 to purchase and renovate the building, but no payments were made on the loan, leading to a court battle that began in May 2015.

The structure reverted back to Stache Investments at the auction.

For more on this story, visit JaxDailyRecord.com.


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