Two New Leases & a Renewal at Wells Fargo Center Tampa

Leasing remains strong at downtown Tampa’s Wells Fargo Center!  Feldman Equities Mike DiBlasi & Ceci Tricoli along with co-brokers from JLL and Cushman & Wakefield have signed two new tenants and a 30,311 square foot renewal.

TWFC Eblast Dunbar

Phelps Dunbar signed the 30,311 square foot renewal which was co-brokered by David Green of JLL. The law firm opened its Tampa office in 2001 as a part of the firm’s goal of becoming the preeminent firm in the Gulf Coast. With the growth in the Tampa Bay region, as well as the state of Florida as a whole, the Tampa office has quickly become one of Phelps Dunbar’s leading offices with approximately 50 attorneys.

Attorneys in the Tampa office have particular strengths in the areas of business and transactional proceedings, litigation, insurance and reinsurance, intellectual property, bankruptcy and creditors’ rights, real estate, and employment law. 

The building welcomes two new tenants.

Scarborough Attorneys at Law signed a new lease co-brokered by Kenneth Tenukas of Cushman & Wakefield. Scarborough Attorneys at Law is an AV Peer Review rated insurance defense law firm operating throughout Florida.

Kynes, Markman & Felman, P.A. signed a new lease co-brokered by John Fish of Cushman & Wakefield. The law firm based in Tampa focuses on civil appeals and litigation support and criminal defense and appeals.  

Wells Fargo Center Hosts Chamber After Hours Event

It is always a pleasure hosting the Greater Tampa Chamber of Commerce Business After Hours event at Wells Fargo Center Tampa. What a great turnout! Thank you to The Corner Cafe & Deli for providing the delicious food. Guests enjoyed chair massages in our fitness center, music, magic and lots of great prizes. Owner Larry Feldman of Feldman Equities shared his excitement for Downtown Tampa including all the great new amenities and renovations at Wells Fargo Center. 

 

Kudos to Our Management Team – Going the Extra Distance

“After working with three property management firms over the past twelve years, Feldman Equities and Tower Realty Partners are by far the best companies that I have had the pleasure of working with at Wells Fargo Center Tampa. What sets them apart from other firms is the positive can-do attitude and team approach. They go the extra distance to make you feel truly valued as a tenant.”

Susan Tai, RPA
LEED® Green Associate
Regional Property Manager
Corporate Properties Group

Wells Fargo Center has a Newly Renovated Lobby

Downtown Tampa’s Wells Fargo Center has a newly renovated lobby as part of a multi-million dollar renovation.

 

Prospects and tenants have responded favorably to the building’s newly-installed amenities, including a state-of-the-art fitness center, conference room with a 90” TV, modern café, and internet lounge.  The partnership spent nearly $100,000 on new fitness center equipment alone.

Hi-tech and amenity-rich offices give employers the edge in appealing to the younger, upwardly-mobile employee that typically wants to work downtown.

Both the fitness center and the new Corner Café have proved to be particularly appealing to younger employees. The new café replaced a nondescript delicatessen with few healthy options and drab seating. In its place is an airy, contemporary eatery with an extensive menu and seating to suit almost every taste — low-slung banquettes, counter height stools and faux-leather chairs with little swivel desks on which to prop an iPad.

To brighten and open up other areas, dark wooden doors were replaced with glass ones. Old ceiling panels have been removed, raising ceiling heights to 13 feet and giving the space a hip, loft-like feel. In the elevator banks, ’80s-style marble flooring has been replaced with pure white porcelain tiles that reflect the new energy-efficient LED lights overhead. The elevators themselves are intelligently programmed to anticipate when a certain floor will be at peak-demand times.

The lobby was updated with new seating areas, a multimedia screen, new lighting, and electronic directories.

Additional renovations included modernizing the building systems and infrastructure with a state-of-the-art elevator system for both the building and the garage, as well as a new roof. Extensive upgrades were made to the building’s parking garage as well as the tenant common spaces, such as new tile floors, new lighting, new carpeting, and bathroom upgrades.

As the “re-inventors” of the office building Feldman Equities and Tower Realty Partners specialize in turning around underperforming and distressed office assets.

 

How Wells Fargo Center Leased Half of Vacant Space, GlobeSt.com

Wells Fargo Center Leases Half its Vacant Space in 2013MIAMI-When Feldman Equities acquired and Tower Realty Partners acquired the Wells Fargo Center in Downtown Tampa in January, the class A office building was 77% occupied. Since then, the companies have leased half the vacant space. The Tampa office tower’s owners have inked 58,422 square feet of leases in the last 10 months.

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Congratulations to BDG On Their Merger & Expansion

Exclusive: Two Tampa architecture firms mergeTwo of Tampa’s oldest architecture firms have merged to become one of the city’s largest. BDG Architects and Urban Studio Architects join formally on Friday as BDG Architects. The Urban Studio team of three architects and three interior designers will move to the Wells Fargo building at 100 S. Ashley Drive from an office in the Grand Central at Kennedy building that the firm helped design. “This merger will give our employees the ability to do bigger, better and more exciting work,” said Urban Studio Managing Principal Mickey Jacob, who becomes the executive vice president at BDG. “We will be able to go after bigger projects across the region,” he told the Tampa Bay Business Journal exclusively. The timing was right for the merger because the market has been improving. “The timing is good because both firms were looking to transition,” said BDG President Chris Kirschner. “Both firms were looking to grow.” The new firm will have more than 20 licensed architects and a full staff of about 65. That will make the new firm the second largest in Tampa Bay by licensed architects behind only Harvard Jolly Inc. in St. Petersburg, according to the TBBJ list of architecture firms published June 21. “The relationship has been there a long time,” Kirschner said. “They bring a unique aspect to the larger firm – that design aspect.” BDG occupies the first floor of 100 S. Ashley Drive in downtown Tampa. The merger has the larger firm building out on the second floor of the building by about 2,500 square feet. BDG has its name on some high-profile projects like the Tampa Bay Times Forum and the Palace at Auburn Hills in Michigan, as well as many of the JPMorgan Chase buildings in the Southeastern United States. Urban Studio’s resume includes the new Epicurean Hotel on South Howard Avenue and The Birchwood in downtown St. Petersburg. Jacob is the 2013 president of the American Institute of Architects. Chris Wilkerson is Deputy Editor of the Tampa Bay Business Journal.

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New Leases at Wells Fargo Center

Feldman Equities, Inc. and Tower Realty Partners have recently completed four leasing transactions at Wells Fargo Center located in downtown Tampa.  The joint venture purchased the Class A office building in January.

Jackson Lewis LLP, one of the country’s largest and fastest-growing workplace law firms, moves new office to downtown Tampa. Jackson Lewis is a national law firm with 750 attorneys.

Jackson Lewis LLP leased 6,277 square feet at Wells Fargo Center.  The firm, who opened their first Tampa office earlier this year in temporary office space in the Westshore Business District, is relocating to permanent offices in downtown Tampa at Wells Fargo Center. Co-brokers Brian Wyatt and Ryan Reynolds of Cassidy Turley represented Jackson Lewis in the transaction.

First Florida Insurance Brokers relocating from Channelside

First Florida Insurance Brokers [FFIB], Tampa, a subsidiary of The Ballator Insurance Group, a privately held company headquartered in Lake Mary Florida, has signed a lease for 3,100 square feet. Represented by David Culligan and Jon Slater of Studley Inc. the firm is relocating from offices in Channelside.

Two other firms signed renewals and/or expansions at the building

USAA Realty signed a renewal and expansion for 1,776 square feet while Gator Capital signed a 1,000 square foot renewal.

Larry Feldman, CEO of Feldman Equities spearheads leasing efforts while Tower Realty Partners handles management responsibilities.  “We’re excited about the early leasing momentum at Wells Fargo Center.  Following our renovations, we believe that Wells Fargo Center will be a contender for one of the top office buildings in downtown Tampa.  The quality of our building and our aggressive pricing makes Wells Fargo Center an extremely strong competitor in the downtown Tampa office market,” stated Feldman.

The building has recently undergone a multi-million dollar renovation involving the modernizing of the building systems and telecommunications infrastructure.  The building received Gold LEED certification in 2010. Renovations to the multi-tenant corridors are approximately 50% complete. The corridor renovations include new lighting, new carpeting, and bathroom upgrades.  Ownership is also proceeding with extensive upgrades to the building’s leasing amenities including a new restaurant, a high-end fitness center as well as a major upgrade to the parking building’s parking garage.  These improvements will begin this summer and will be completed by year end.

Located near the Tampa Convention Center in downtown Tampa, the 22-story, 388,000 square foot 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.  Anchored by Wells Fargo & Company, Phelps Dunbar and UBS, Wells Fargo Center is currently 78% leased with one of downtown Tampa’s most desirable full floor vacancies.

Over the last 20 years, Feldman Equities and Tower Realty Partners have successfully acquired and renovated millions of square feet of underperforming office buildings. The joint venture plans on implementing an aggressive renovation and leasing program at Wells Fargo Center, building on their recent success in bringing Fountain Square II from 70% to over 97% leased and City Center in downtown St. Petersburg from 44% to over 93% occupancy.  These goals were accomplished within a little over two years following the acquisition of the assets.