Feldman Equities, Inc. Annouces Tampa Bay Office Space Leases

April 21, 2011 - PRLog -- ST. PETERSBURG, FLORIDA – http://www.feldmanequities.com  

Feldman Equities, Inc. has announced their first two lease transactions following their entry into the Tampa Bay market earlier this year with the purchase of two office properties in a joint venture with Tower Realty Partners - Fountain Square II, Tampa and City Center St Petersburg.

Transatlantic Healthcare leased 1,700 square feet at Fountain Square II in Tampa’s Westshore Business District.  The deal was brokered by John Montana with Century 21 Professional Realty.  The 135,000 square foot, Class A office building is part of the Fountain Square corporate park located at Independence Parkway and the Veterans Expressway.  

Human Resources, Inc. signed a lease renewal and expansion of 3,528 square feet at City Center St Petersburg. The deal was brokered by Tom Miller of Alamosa Advisors, LLC. Located in downtown St Petersburg, City Center consists of two office towers joined by a four-story atrium totaling 242,000 square feet on a 2.5 acre site overlooking the waterfront.  A $2 million renovation is already underway and will include new elevators, lobby entrance, a fitness center and other improvements. http://www.CityCenterStPete.com

“We have first class office buildings and are aggressively seeking leases,” stated Feldman Equities Chairman Larry Feldman.  “We are extremely competitive with our rates and there is no cumbersome lease approval process.  We respond very quickly.”

About Feldman Equities, Inc  
In the last 25 years, Feldman Equities has developed or acquired over 11 million square feet of office and retail property with an aggregate value in excess of $2.5 billion. Larry Feldman gained a national reputation as a property turnaround specialist when he was Chairman & CEO of the publicly traded Tower Realty Trust, Inc . Feldman Equities recently acquired the Fountain Square II office building in Tampa, in a joint venture with TriGate Capital and Tower Realty Partners. Feldman Equities is recognized for its hands-on approach to turning around distressed assets.

About Tower Realty Partners
Tower Realty Partners is an Orlando-based commercial real estate owner focusing on value-added opportunities throughout the state of Florida. Tower was formed in 1987 by Cliff Stein and Reid Berman. Since its inception, Tower has acquired over $1 billion of office properties. Currently, Tower’s assets consist of over 3.5 million square feet office property throughout Florida. Tower owns and manages approximately 1 million square feet in the greater Tampa area, which includes the Palm Lake office building in North Tampa and Fountain Square II in Tampa's Westshore market.

Contact
Feldman Equities, Inc
Larry Feldman, 727-822-3395