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Hanania has contract to buy former Stein Mart HQ

Artist rendering of building.
Artist rendering of building.

JACKSONVILLE, Fla. – Jack Hanania, the owner of the Jacksonville-based Hanania Automotive Group, has a contract to by the former Stein Mart building on the Southbank, as first reported by the Jacksonville Daily Record.

It comes with a $20.6 million price tag, the Record writes. Hanania plans to move his corporate headquarters into the building.

“We are excited to continue our support of Jacksonville’s business area with this purchase,” Hanania said in a prepared statement. “Downtown is growing and we love being part of the growth.”

He said the purchase is scheduled to close by Aug. 31.