From Leases

InsideOut Expansion Celebration with the St Petersburg Chamber

18 months ago, Chad Nuss moved from Silicon Valley to co-found InsideOut with Christina Cherry as the world’s first Sales Innovation Lab. With deep roots in high tech communities in Silicon Valley and San Francisco, they aim to bring that passion and experience to the ‘Burg: creating high tech jobs and growth opportunities for its employees.

The #StPeteChamber member celebrated a recent expansion to about 3,000 square feet of space on the 9th floor of First Central Tower, giving InsideOut another 10,000 square feet to grow its mission. — with Rick KrisemanJp DuBuqueChris SteinocherCity of St. Petersburg, Florida USA andGreater St. Petersburg Area EDC at Insideout Lab.

InsideOut Chamber

TAGLaw is opening an office at First Central Tower in downtown St Petersburg. Special thanks to our co-broker David Bailey of Real Property Experts for bringing the deal to the office building!

FCT Eblast TagLaw

Book Zurman Moves to First Central Tower

We’re pleased to announce another new lease at First Central Tower. Healthcare Information Technology company, Book Zurman, Inc. has leased space at our downtown office tower. Who wouldn’t want a Central Avenue address in downtown St. Petersburg! Special thanks to our co-broker Peter Dorian and to our very own Feldman Equities leasing team – Ceci Tricoli & Mike DiBlasi!
FCT Eblast Zurman

Pipas Kopp Law Group Expands

Congratulations to First Central Tower tenant Pipas Kopp Law Group on its expansion.  Special thanks to co-broker Peter Fischbach of Fischbach Commercial for brokering the transaction.

Jan Pipas

Regus Leases Full Floor at First Central Tower in Downtown St Pete

Feldman Equities signs 100,000 Square Feet of new leases in one year, including Four Full Floor Leases.

regus_logo_detailIn the year since acquiring First Central Tower, Feldman Equities has leased over four full floors at the office building signing seven firms to leases totaling over 100,000 square feet. In the latest deal Regus, the global workplace provider, has leased a full floor, 15,296 square feet, at the building. The long term lease was brokered by Brent Miller and Bryan Rodriguez of JLL. First Central Tower is located in the heart of downtown St. Petersburg on Central Avenue.

In the last year Twinlab Consolidation Corporation (“TCC”) leased two floors while Banker Lopez Gassler PA leased a full floor.

A multi-million dollar renovation is underway at the building with completion expected to occur in the first quarter of 2016.  “We are investing $10 million dollars in capital and tenant improvements.  Our goal is to transform First Central Tower into a first class office destination,” stated Larry Feldman, CEO of Feldman Equities a co-owner of the building in partnership with Tower Realty Partners. St. Pete is a truly walkable downtown, with 7 museums, over 50 restaurants, a theater for the performing arts, a major league baseball stadium, a soccer stadium and nearly a dozen marinas.

A joint venture consisting of affiliates of Feldman Equities, Tower Realty Partners and Second City Real Estate acquired First Central Tower, a 17-story, 250,000 square foot office building late last year.

Redevelopment plans for First Central Tower include an extensive lobby renovation, upgraded tenant floor elevator lobbies, tenant corridors and restrooms.  In addition, ownership is adding an amenity package which will include a new concierge desk, a state-of-the-art luxury fitness center and conference centerIn keeping with current office space trends towards hip, high-tech spaces, one of the lower floors will be converted to a tenant lounge area. The lounge area will be a 24/7 “chill zone” that will have the look and feel of a first class airport lounge.  The lounge area will include soft seating, large flat screen TVs, iPad chairs and free WIFI.  The building’s air conditioning system is being upgraded.  In addition, renovations will include a completely new modern elevator system and new elevator cabs. The parking garage will be upgraded with upgraded lighting, paint and graphics.

First Central Tower is anchored by BB&T Bank whose name tops the building. Tenants on the building’s upper floors enjoy beautiful views of Tampa Bay and the St. Petersburg skyline. Located in the heart of downtown St. Petersburg, First Central Tower sits on the southeast corner of Central Avenue and 4th Street.