Cushman & Wakefield’s Mercedes Angell and Lauren Coup Negotiated a Ground-Floor Lease for the Furniture Dealer’s Tampa Showroom on Behalf of Ownership
TAMPA, FL, September 7, 2017 — Cushman & Wakefield announced today that it has negotiated a 6,054-square-foot, ground-floor showroom lease with Empire Office, Inc. in The Times Building in downtown Tampa.
Senior Director Mercedes Angell and Director Lauren Coup negotiated the lease on behalf of Matawan, NJ-based building owner Denholtz Associates. CBRE’s Jack Hoskins and Matt Watson represented Empire Office.
Empire Office is the largest commercial furniture dealer in the world with over 70 years of experience and more than 400 full-time employees across the country providing coast-to-coast coverage. The company has offices, showrooms and warehouses in New York, New Jersey, Pennsylvania and Florida as well as an established network of national installers and warehouses across the country.
The Times Building space will be Empire Office’s new Tampa showroom location. The company will be relocating from its current showroom on West Linebaugh Avenue. A fourth quarter 2017 move-in date is anticipated.
Peter Gaslow, the Empire Office’s President and CEO, is excited about the move to the Tampa CBD.
“We are confident that the relocation of our showroom to The Times Building will have a positive impact on our business,” said Gaslow. “We are looking forward to sharing this new space with our employees, clients and partners in the industry.”
“The addition of Empire Office to The Times Building tenant roster continues on the positive leasing momentum we’re seeing in the Tampa CBD,” added Angell. “The ground-floor space Empire leased is the perfect location for one of its stunning showrooms, providing incredible visibility and access to its target market.”
“This well-positioned building has allowed us to attract and retain high-quality, dynamic clients that have contributed to the economic growth of the city,” said Kristine B. Hurlbut, Senior Vice President of Leasing at Denholtz Associates. “Throughout our portfolio, our supremely-located, modern buildings, such as The Times Building, and our substantial in-house capabilities allow us to execute our multi-tenant, risk-adjusted leasing strategy to ensure superior returns for our investors.”
The Times Building is a 10-story, 180,630-square-foot office tower featuring high-quality office space, on-site management, lush landscaping, a fully renovated lobby, a new fitness center, ample parking, a shared conference facility and downtown shuttle service. Availabilities range up to ±15,627 contiguous square feet.
The Times Building is located at 1000 North Ashley Drive in Tampa’s Cultural Arts District. This downtown location provides excellent access to Interstate 275, the Straz Peforming Arts Center and Tampa International Airport.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.
About Denholtz Associates
Denholtz Associates is a privately held, fully integrated real estate development, investment and management company with more than 60 years of commercial real estate experience. Denholtz Associates actively targets multi-tenant office and industrial properties in select markets to diversify risk and provide maximum returns for its capital partners. Specializing in adaptive reuse and utilizing its substantial in-house operational capabilities and extensive knowledge of targeted locations, Denholtz capitalizes on unique opportunities in the marketplace. Additional information for Denholtz Associates is available online at http://www.denholtzassociates.com/.