Lease reflects trend of companies moving from suburban areas to urban cores
to attract millennial workforce
TAMPA, Fla. (June 12, 2017) – Leading financial technology company TransferWise, Inc. has leased a 21,500-square-foot, Class A office space in Ybor City, Tampa’s National Historic Landmark District. The new space will allow the global company, which provides an easy and affordable platform for sending and managing money internationally, to expand its Tampa operations.
Bill Reeves, Managing Director of Office Services with Colliers International Tampa Bay, and Michael Thomas, Managing Director for Colliers International’s New York City office, represented TransferWise in the lease. The landlord is MAOV Ybor, LLC.
TransferWise was founded in London in 2011 and opened its original Tampa office in 2015, located in the suburban Carrollwood area. The move to a larger, more central location in Ybor City comes after Fortune magazine named Tampa one of the hottest cities in the United States for start up companies and Forbes named it one of the nation’s best cities for millennials.
The company’s new headquarters will be located within a three-story, 36,640-square-foot brick building. Built in 1894, the property has a rich history as one of Ybor City’s first cigar factories, originally owned and operated by M. Stachelberg & Co.
Now a top-tier office building, the property was extensively renovated in 2006, while maintaining its historic architecture, and offers such amenities as spacious conference rooms, ample storage space, a workplace noise masking system and free parking in a secure onsite lot.
“Companies that want to attract and hire the most talented and innovative of the millennial generation continue to relocate from suburban markets to urban cores,” said Colliers’ Reeves. “This building and the Ybor City area will be a good fit for TransferWise’s progressive, millennial-generation workforce, especially as the company continues to grow.”
The Ybor City area provides access to a wide array of dining and entertainment options, such as the historic Columbia Restaurant, Tampa Bay Brewing Co. and several live music venues. The property also provides close proximity to downtown Tampa as well as convenient access to several major interstate systems. The property is located at 2000 E. 11th Ave.
In addition to Tampa and London, TransferWise also has offices in New York City, Tokyo, Sydney, Budapest, Singapore, Estonia and Ukraine.
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