Buddy Brew Coffee Now Open at Park Tower in Downtown Tampa

Perk up with Buddy Brew Coffee Downtown Tampa! Buddy Brew Coffee at Park Tower is officially open! We can’t be more excited. Stop on by for your Buddy Brew favorites from 7a-6p, Mon – Fri and check out their gorgeous new shop off the Park Tower lobby!

Buddy Brew Coffee getting ready to open at the newly renovated #ParkTower in Tampa’s Downtown

After numerous requests and a little finesse, Buddy Brew Coffee founders Dave and Susan Ward are gearing up to open their latest craft coffee shop in downtown Tampa. The husband-and-wife duo’s sixth location (and sleekest one yet) officially starts keeping the neighborhood caffeinated Monday, Feb. 11.
 
The best part just might be the full-length glass doors that serve as the lobby and street entrances. They make the shop easy to find, which was difficult prior to Park Tower’s multimillion-dollar revamp.
 
“Years ago, people wouldn’t have known about this building if it weren’t for Lucky Dill in the back corner,” Dave said. “Now the space is much more inviting.”
 
The owner of the building, Larry Feldman, wanted to incorporate the community, as Dave puts it, and he knew Buddy Brew could fit the bill.

Buddy Brew Coffee gearing up to open next shop in downtown Tampa

Jenna Rimensnyder After numerous requests and a little finesse, Buddy Brew Coffee founders Dave and Susan Ward are gearing up to open their latest craft coffee shop in downtown Tampa. The husband-and-wife duo’s sixth location (and sleekest one yet) officially starts keeping the neighborhood caffeinated Monday, Feb. 11.

Park Tower Renovations Underway – Building experiences STRONG Leasing MOMENTUM

2017 was a good year for Tampa’s Park Tower. A new ownership group consisting of City Office REIT, Feldman Equities LLC and Tower Realty Partners commenced a multi-million dollar renovation at Park Tower to be completed this summer. Since acquiring Park Tower, eleven new tenants have leased space at the building. Mike DiBlasi, Feldman Equities Executive Vice President for Leasing and Marketing expects 2018 to be even better. “The renovation announcement really jump-started our leasing efforts in 2017,” said DiBlasi. The largest of those deals was a 10,500 square foot lease with CAPTRUST Advisors, LLC to relocate their headquarters to the building. In 2017, DiBlasi and Leasing Representative Ceci Tricoli leased over 44,000 square feet of new space before renovations began, and have signed proposals in-hand for an additional 15,000 square feet.

The ownership group successfully converted an empty 14,685 square foot full floor to move-in ready spec suites ranging in size from 1,500 square feet to 3,500 square feet. The suites have been quickly absorbed by the market.  “We hope to convert another floor to move-in ready suites this year — unless of course, a full floor user sweeps in first.” said DiBlasi. “Once the renovations are completed this summer, including the addition of a swanky new Buddy Brew Coffee café in the lobby, Park Tower will be more than 90% leased for the first time in over a decade.”

DiBlasi expects the renovations and spectacular views of Hillsborough Bay, the Hillsborough River and the Downtown Tampa skyline to advance the quick lease-up of the building’s remaining office space. “We have had tremendous success leasing up our past projects after completing our renovations – current occupancy is over 97%. Park Tower should be similarly successful. This is a great opportunity for tenants of all sizes to move into the heart of downtown,” said DiBlasi.

In November 2016, a joint venture partnership consisting of City Office REIT, Feldman Equities LLC and Tower Realty Partners acquired Park Tower. New leases signed include the headquarters relocation of CAPTRUST Advisors, LLC, Buddy Brew Coffee and Continuity Logic, LLC. The building is anchored by BB&T, United States Department of Justice – US Attorney’s Office, Level 3 Communications, and Lykes Insurance.

The most significant change underway at Park Tower is the modernization and brightening of the 475,000 square foot office building’s façade by painting the exterior white and upgrading the main entrance. The building’s amenities are also being upgraded with a modern, new lobby and the addition of Buddy Brew Coffee café.  The office tower’s design was created by internationally-renowned architect Gensler.

 

 

 

 

 

 

In the works are new tenant amenities, including: 

  • High-end, Buddy Brew Coffee, 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 is located in the heart of downtown Tampa directly across from The Tampa Riverwalk & Hillsborough River; Curtis Hixon and Gaslight Parks; and the Glazer Children’s Museum and the Tampa Museum of Art.  It is within walking distance of the Tampa Convention Center, University of Tampa, and the David A. Straz Jr. Center for the Performing Arts. The tower is LEED EB Gold Certified and EPA Energy Star certified.  The tower’s current amenities include FedEx Office, U.S. Post Office, BB&T Bank, Grow Financial Credit Union, Pearl Salon, Nature’s Table Café, and a fitness center and conference room (currently undergoing renovation).

Welcome Attorney Seth Nelson

Attorney Seth Nelson is the newest Park Tower spec suite tenant on the 22nd floor.  Special thanks to our co-broker Phil Dinkins of Cushman & Wakefield who represented Nelson in the lease transaction. We have four more move-in suites ready to go!  Downtown Tampa Office Space

Check out this video tour of Suite 2220 ready for lease!  http://www.parktowertampa.com/videos/suite2220.html 

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 which includes painting the exterior a lighter color and a new and dramatic entrance.  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. 

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.

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 which includes painting the exterior a lighter color and a new and dramatic entrance.

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. 

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.