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DBpedia 2016-04

Query DBpedia 2016-04 by triple pattern

Matches in DBpedia 2016-04 for { ?s ?p "Flagler is a commercial real estate company located in Coral Gables, Florida. Flagler is a direct corporate legacy of the American businessman Henry M. Flagler.The company has developed more than 30 million square feet of commercial real estate space over the past 30 years. It also owns more than 2,500 acres of developable land statewide, and manages or leases more than 13 million square feet of commercial property. Its development projects include the new world headquarters for Bacardi USA, in Miami; Office Depot’s world headquarters, in Boca Raton; and Miami’s Flagler Station, South Florida’s largest business park.Flagler has shifted its focus in recent years away from owning commercial real estate properties, and more towards development and providing brokerage, property management and asset management services to larger, institutional clients.The Flagler company is a wholly owned subsidiary of Florida East Coast Industries.Flagler’s origins date back to the original railroad company founded by Henry M. Flagler in 1888. After visiting Florida with his sick wife, Flagler saw the state’s great potential for tourism. He began purchasing small railroad companies, and started expanding his rail network down Florida’s eastern seaboard. Florida East Coast Railway eventually stretched from Jacksonville to Key West.To support rail operations, Flagler also invested millions of dollars developing new infrastructure such as hotels, resorts, roadways, and utilities.A number of communities sprung up alongside Flagler’s railroad, including West Palm Beach in 1894. Miami, which consisted of about 400 inhabitants when the train arrived in 1896, grew into a thriving city of more than 29,000 residents a generation later.In building his rail network, Flagler had also acquired thousands of acres of prime land adjacent to or near the main rail corridor. As a result, FECR over the years became not only the state’s largest rail operator, but also one of its largest commercial developers.In 1983, the St. Joe Company, which was named FECR’s majority shareholder in 1961 following a lengthy bankruptcy, split off the real estate operations from the rail company. Known first as Gran Central Corporation and later as Flagler Development Company, the firm merged in 2006 with another large real estate developer and service provider, the Codina Group, and changed its name to Flagler Development Group.In 2009, Fortress Investment Group purchased Flagler’s parent company, Florida East Coast Industries, which still also owned FECR, for $3.5 billion. Shortly after, Fortress spun off FECR into a separate, distinct company. Following the arrival of Vincent Signorello as company President and CEO in 2010, FECI underwent a significant strategic realignment, resulting in the creation of four distinct companies all operating under the FECI umbrella: All Aboard Florida, Flagler Global Logistics, Parallel Infrastructure, and Flagler Development.In 2012, the company sold off a significant developed portion of its Flagler Station business park in Miami, while holding on to the undeveloped parcels.In 2013, the company changed its name to simply Flagler."@en }

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