Buddy Brew Coffee To Open A New Retail Location In Downtown Tampa’s Park Tower

Tampa’s beloved specialty coffee roaster, Buddy Brew Coffee with the passion to Brew Good and Do Good, announced today that they will open a new coffee shop location in downtown Tampa’s Park Tower. 

 “We are excited to be opening a location in the heart of downtown Tampa and thrilled to be part of the beautiful renovation plan for Park Tower.  We are delighted about City Office REIT and Feldman Equities’ plan to make the building come alive by creating a beautiful space for building community and connection in our urban center. These plans perfectly align with our Buddy Brew mission – to share joy and inspire hope that transforms our community.  The new Park Tower will do exactly that. As a home-grown Tampa brand, we are overjoyed by this opportunity to share this mission with our downtown Tampa community.  We love everything about this location and partnership,” said co-owner and CEO of Buddy Brew Coffee, Dave Ward.

“Buddy Brew is an integral part of Park Tower’s multi-million dollar renovation as we focus on providing tenants with a top notch amenity package,” commented co-owner Larry Feldman, CEO of Feldman Equities. This new Buddy Brew Coffee cafe will boast a unique layout and design created by Tampa’s own premier architectural firm, Alfonso Architects. The design will feature a cosmopolitan aesthetic and high-end furnishings to match Park Tower’s modernization.  Buddy Brew plans to offer their full menu of coffee drinks, eclectic culinary dishes and select pastries as well as craft beer and wine.

Buddy Brew Coffee’s newest expansion will allow the company to bring their quality specialty coffee and Brew Good Do Good service to downtown Tampa.  With the addition of the company’s sixth location, Buddy Brew Coffee is making strides to build brand awareness throughout the Tampa Bay area and beyond.

About Buddy Brew Coffee

Buddy Brew Coffee, specialty coffee craft roaster, was founded by Dave and Susan Ward in 2010 with their first roaster and coffee bar in the heart of Tampa, Florida. Since then, they have rapidly expanded with four additional locations: a Coffee Bar at Oxford Exchange, Buddy Brew in Sarasota, Buddy Brew Hyde Park Village and Buddy Brew Coffee in Terminal F of the Tampa International Airport.

About Park Tower

In November 2016, a joint venture partnership consisting of City Office REIT, Feldman Equities LLC and Tower Realty Partners acquired Park Tower, a 36-story, 475,000 square foot office building located in downtown Tampa.  They have since embarked on an extensive multi-million dollar renovation.

The most dramatic change at Park Tower will be the modernization of the building’s façade.  In addition to painting the exterior a lighter color, a new and dramatic entrance will feature a ‘Light Box’ on one of the most prominent corners of Tampa.  The building’s amenities will be also upgraded, including a striking new lobby featuring Buddy Brew Coffee. 

The office tower’s updated design by internationally-renowned architect Gensler will create a Class-A experience that persists from the sidewalk to the tenant door. 

In addition to exterior renovations, plans include the addition of new tenant amenities, including:

  • Buddy Brew Coffee
  • 6th floor “Chill Zone” tenant lounge
  • All new fitness center and yoga room with spin bikes
  • Shared tenant conference room
  • New lobby concierge desk
  • Renovated parking garage with new LED lighting

About Feldman Equities, LLC 

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 1.6 million square feet of office space in downtown Tampa and downtown St. Petersburg. www.feldmanequities.com

 About Tower Realty Partners 

Tower Realty Partners is a privately held, commercial real estate investment & management company based in Orlando, Florida. Founded in 1987 by principals Cliff Stein & Reid Berman, Tower Realty partners has been involved in the acquisition, leasing, and management of over 20 million square feet of real estate totaling in excess of $1.6 billion in transactions. www.towerrealtypartners.com

CAPTRUST Advisors, LLC to Relocate Headquarters to Downtown Tampa’s Park Tower

CAPTRUST Advisors, LLC has signed a lease to relocate its headquarters to nearly 10,500 square feet in Park Tower in downtown Tampa. 

The investment consulting firm will relocate to Park Tower later this year after almost 20 years in the CAPTRUST building at 102 W Whiting Street. That building is scheduled for demolition as part of Feldman’s Riverwalk development.

The deal comes on the heels of the previously announced multimillion-dollar renovation to Park Tower. “The renovation plan is already impacting the building’s leasing,” said Mike DiBlasi, Feldman Equities Executive Vice President for Leasing and Marketing. “The plan to reposition this historic structure as one of the most notable and exciting buildings on Tampa’s skyline is resonating with prospects. We are seeing interest from quality conscious firms for whom high-end finishes and amenities are a must.” CAPTRUST will occupy the building’s 18th floor which features expansive views of the waterfront and downtown skyline.  The tenant representation broker for the CAPTRUST lease transaction was Doug Bartley, Partner with Commercial Advisory Services.

“CAPTRUST is excited to modernize our offices and relocate into the center of downtown Tampa in Park Tower. The new façade and chic upgrades will be a refresh for CAPTRUST and a focal point near the Riverwalk and major corridors in Tampa. Our employees are looking forward to the move and the opportunity to take advantage of all the new amenities.”   Eric Bailey, Managing Principal

CAPTRUST Advisors, LLC is a privately-held, employee-owned, independent investment consulting practice headquartered in Tampa, Florida. Founded in 1998, CAPTRUST provides investment consulting services to institutional investors, corporate retirement plans, and family offices.

The most dramatic change at Park Tower will be the modernization of the 475,000 square foot office building’s façade.  In addition to painting the exterior a lighter color, a new and dramatic entrance will feature a ‘Light Box’ on one of the most prominent corners of Tampa.  The building’s amenities will be also upgraded with a striking new lobby.

In addition to exterior renovations, plans include the addition of new tenant amenities, including: 

  • High-end lobby café with seating
  • 6th floor “Chill Zone” tenant lounge
  • All new fitness center and yoga room with spin bikes
  • Shared tenant conference room
  • New lobby concierge desk
  • Renovated parking garage with new LED lighting

Park Tower currently has full floor availabilities, including a full floor of just-built, move-in ready spec suites. “We’ve had a lot of interest in the spec suites which are nearing completion, said DiBlasi. I’m not sure what has impressed prospects more – the views or the renovation plan.”

In November 2016, a joint venture partnership consisting of City Office REIT, Feldman Equities and Tower Realty Partners acquired Park Tower for $79.75 million. 

Park Tower Offers CBD Office Space in Robust Market.

Tampa’s downtown office market continues to benefit from a lack of new inventory and job and population growth that has outpaced much of the state over the past several years. Job and population growth and a lack of inventory make Tampa hot, hot, hot.

Read the rest of the article featuring Park Tower in the Business Observer.

Market Spotlight | Downtown Tampa Office Market || Business Observer | Tampa Bay, Bradenton, Sarasota, Fort Myers, Naples

Job and population growth and a lack of inventory make Tampa hot, hot, hot.

Park Tower Renovation to Feature Dramatic Light Box

The most dramatic change at Downtown Tampa’s Park Tower will be the modernization of the 475,000 square foot office building’s façade.  In addition to painting the exterior a lighter color, a new and dramatic entrance will feature a ‘Light Box’ on one of the most prominent corners of Tampa.  The renovation of Park Tower will use glass and light to reposition this prominent historic structure as one of the most notable and exciting buildings on Tampa’s skyline.

Check out the video here.

Tampa Bay Times Reports on Planned Renovations at Park Tower

Park Tower in downtown Tampa is about to get some serious upgrades.

Park Tower building in downtown Tampa to be upgraded

TAMPA – Park Tower in downtown Tampa is about to get some serious upgrades. Formerly known as the Lykes Building at 400 N. Tampa St., the 36-story building will undergo a multi-million-dollar renovation which is expected to be completed by early 2018, according to a press release.

Downtown Tampa’s Park Tower To Get Multi-Million Dollar Renovation

In conjunction with City Office REIT, Inc. (NYSE: CIO) (“City Office” or the “Company”) Feldman Equities and Tower Realty Partners have commenced an extensive multi-million renovation on downtown Tampa, Florida’s Park Tower, with completion anticipated in the first quarter of 2018.

In November 2016, a joint venture partnership consisting of City Office, Feldman Equities LLC and Tower Realty Partners acquired Park Tower for $79.75 million.  These groups have partnered together and previously renovated other notable office buildings in the downtown St. Petersburg, Florida market. 

The most dramatic change at Park Tower will be the modernization of the 475,000 square foot office building’s façade.  In addition to painting the exterior a lighter color, a new and dramatic entrance will feature a ‘Light Box’ on one of the most prominent corners of Tampa. 

The building’s amenities will be also upgraded with a striking new lobby.   “The renovation of Park Tower will use glass and light to reposition this prominent historic structure as one of the most notable and exciting buildings on Tampa’s skyline,” stated James Farrar, Chief Executive Officer of City Office. 

Internationally-renowned architect Gensler is the designer for both the exterior façade and the building amenities.  The updated design extends a brand to Park Tower that will create a Class-A experience that persists from the sidewalk to the tenant door.  “The opportunity to renovate our city’s original high rise is a real honor, and we’re excited to reposition Park Tower as one of the premium assets in the downtown core,” stated Bert Oliva, Principal and Managing Director of Gensler’s Tampa office.

“We are taking full advantage of Park Tower’s location across from the Tampa Riverwalk,” said Larry Feldman, Chief Executive of Feldman Equities LLC.  “The removal of high perimeter knee walls and installation of stunning glass storefronts with bright lighting will immediately announce the entrance and make it inviting to the streetscape.” 

In addition to exterior renovations, plans include the addition of new tenant amenities, including:

  • High-end lobby café with seating
  • 6th floor “Chill Zone” tenant lounge
  • All new fitness center and yoga room with spin bikes
  • Shared tenant conference room
  • New lobby concierge desk
  • Renovated parking garage with new LED lighting

Mike DiBlasi, Feldman Equities Executive Vice President for Leasing and Marketing, expects the renovations and spectacular views of Hillsborough Bay, the Hillsborough River and the Downtown Tampa skyline to assist with the quick lease-up of the building’s remaining office space.  “We have had tremendous success at leasing up our past projects after completing our renovation plans, and we expect that Park Tower will be similarly successful.  Park Tower currently has full floor availabilities, including a full floor of just-built, move-in ready spec suites.  This is a great opportunity for tenants of all sizes to move into the heart of downtown,” said DiBlasi. 

Tampa Bay Business Journal: Dramatic Makeover on Tap for Downtown Tampa’s Original Office Tower

Between its proximity to the Riverwalk and the planned renovations, the building is in prime position for a renaissance. Large blocks of office space in downtown Tampa are difficult to come by.

Park Tower to get multimillion-dollar renovation (Rendering) (Video) – Tampa Bay Business Journal

The oldest office tower in Tampa’s urban core will receive a multimillion-dollar facelift in the coming months. City Office REIT, Tower Realty Partners and Feldman Equities, which acquired Park Tower in late 2016, said Tuesday that they have started construction on an extensive renovation that will transform the building’s facade and add a slew of modern amenities.

Park Tower Tenants are Expanding & Renewing

There are lots of exciting plans in the works for Park Tower! These two tenants who have chosen to renew and/or expand their leases will be around to reap the benefits. We appreciate their vote of confidence in choosing Park Tower yet again. Feldman Equities extends a special thank you to the cobrokers who negotiated the lease deals on their behalf.

Office Space with a View

Need a full floor or a smaller move-in ready office space in downtown Tampa? Many of Park Tower’s availabilities have amazing water and city views!