Feldman Equities Portfolio Sees 44,000 Square Feet of Leasing in January 2020

As office vacancies tighten throughout the Tampa Bay region, Feldman Equities, LLC has secured nearly 44,000 square feet of office leases in the first month of the new year.

“2020 is off to a great start with several other deals in the pipeline,” stated Feldman Equities Executive VP of Leasing and Marketing Baharea Larsen. “We’ve leased two of our largest availabilities.”Larsen along with Ceci Tricoli and Larry Feldman negotiated the leases on behalf of the joint venture partnerships. A joint venture between New York Life Real Estate Investors as Investment Manager, Feldman Equities, LLC & Tower Realty Partners, Wells Fargo Center is one of Tampa’s premier Class A office buildings with unimpeded views of Hillsborough Bay, the Hillsborough River and the Downtown Tampa skyline.

Wells Fargo Center | Downtown Tampa

Two of the largest leases are with DATIS HR Cloud, Inc and Anthony and Partners, LLC. They will occupy 19,618 and 10,001 square feet respectively at Wells Fargo Center, a 22-story, 390,000 square foot office tower located in downtown Tampa.  Both companies will relocate from other office towers in downtown Tampa.

In the largest deal, DATIS HR Cloud, Inc. leased the entire 15th floor at Wells Fargo Center. The firm needed additional space for its expanding sales force and to build out an office that suited its needs. Wells Fargo Center provided both. Gary Godsey and Caleb Lewis of JLL represented DATIS in the transaction. “We are excited to be relocating our office and expanding our footprint in Downtown Tampa at the Wells Fargo Center. DATIS is a leading provider of unified HR and Payroll software for Health and Human Services organizations. Our purpose is to continually build better software to support the missions of organizations that impact lives for social good. As a growing tech company in Tampa Bay, it is important for us to have a modern space in the heart of the city where we can design a floor that fits our brand, culture, and diverse workforce. We are looking forward to continuing to grow and evolve as an organization in our new space at Wells Fargo  Center.”    — Erik Marsh, CEO, DATIS HR Cloud, Inc

Anthony & Partners, LLC leased half of the 16th floor with owners citing the building’s ownership and management as key to their relocation. “Larry Feldman is a visionary in our community,” stated John and Stephenie Anthony. “We look forward to partnering with Team Feldman as Larry creates a great future for the City of Tampa. We can’t wait to move into our new home.”  Brokers Chris Butler & Kyle Chaikin of Franklin Street represented the law firm and negotiated the lease with Larsen of Feldman Equities.

A third firm, Summit Design + Build, LLC leased 3,807 square feet in a deal that will relocate their offices to downtown Tampa from the Westshore Business District. Co-brokers Jon Slater and David Culligan of Savills represented the tenant in the transaction.

 Feldman Equities also completed the following lease transactions:

Park Tower | Downtown Tampa

Park Tower, Downtown Tampa

BR+A Consulting Engineers nearly doubled their offices at downtown Tampa’s Park Tower expanding into 4,180 square feet.  Megan Lawler of Colliers represented the tenant in the deal. Park Tower’s ownership, a joint venture partnership consisting of City Office REIT, Inc., Feldman Equities and Tower Realty Partners, completed an award-winning,  extensive multi-million dollar renovation of the office tower in 2019.

First Central Tower | Downtown St Pete

First Central Tower, Downtown St Petersburg

CX Insurance Services represented by Caleb Lewis of JLL renewed their lease of 6,180 square feet at First Central Tower in downtown St. Petersburg. The office tower was award NAIOP Tampa Bay’s Best Repurpose/Reposition Project following a $10 million renovation spearheaded by Feldman Equities and Tower Realty Partners.

Over the past 30 years, Feldman Equities has developed or acquired over eleven million square feet of office and retail properties with an aggregate value in excess of $3 billion. Feldman is a “re-inventor” of the office building and specializes in turning around distressed office assets. Feldman Equities and its partners own and manage 2.3 million square feet of office space in the Tampa Bay area.

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