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You are here: Home / Commercial Real Estate & Developers / Cushman & Wakefield to Lease, Manage Water Street Tampa Office Buildings on Behalf of Strategic Property Partners

Cushman & Wakefield to Lease, Manage Water Street Tampa Office Buildings on Behalf of Strategic Property Partners

November 18, 2020 by Post

Cushman & Wakefield has been retained to lease and manage 1001 Water Street and 400 Channelside Drive, two trophy office developments, in Tampa, Florida, on behalf of Strategic Property Partners, LLC (SPP), the developer of the 56-acre mixed-use Water Street Tampa neighborhood.

Mercedes Angell, Barry Oaks, James Garvey, and Ashley James will oversee leasing and Hank Brenner, Sandy Ballestra, Chris Brown and Brett Angarola will manage the building.

“Located in the heart of the much-anticipated Water Street Tampa district, 1001 Water Street will capitalize on the development’s certification as the first neighborhood in the world to receive the WELL Community Standard designation, as designated by the International WELL Building Institute (IWBI), illustrating SPP’s commitment to promoting wellness, sustainability, walkability and connectivity through design and programming,” Angell said

Some of the wellness and sustainability features within 1001 Water Street, which are intended to make the building healthier and promote employee well-being, productivity and retention, include significantly enhanced fresh air and air filtration; fitness programming; healthy food options within the building and neighborhood; and biophilic design elements throughout the building.

“Demand for this office tower will be very high as companies continue to focus on their real estate as a way to attract and retain top talent,” Angell added.

Designed by COOKFOX Architects to embrace WELL and LEED specifications, 1001 Water Street is a 380,000-square-foot trophy office tower that offers an indoor-outdoor work experience, with features like double-height landscaped exterior terraces, floor-to-ceiling windows and 12-foot slab-to-slab heights that maximize natural light.

A 10,000-square-foot penthouse-level rooftop amenity space on the 20th floor will offer indoor-outdoor meeting rooms, flexible event space and an outdoor terrace. An expansive fitness center is also available for exclusive office tenant use. The building is attracting a diverse array of tenants who want spacious floorplates in a wellness-oriented building, including RSM, an audit, tax and consulting firm, which has committed to 15,000 square feet.

“Water Street Tampa offers an extremely unique office experience in Tampa Bay, with access to world-class work space surrounded by extensive neighborhood amenities, all within a vibrant, walkable mixed-use neighborhood,” said David Bevirt, Executive Vice President of Corporate Leasing and Strategy at SPP. “Cushman & Wakefield excels in the national and local Tampa markets, and we are very excited to welcome them to our team.”

Cushman & Wakefield has also been retained to lease 400 Channelside Drive, located within the same development. The proposed building will include over 500,000 square feet of office space, a 30,000-square-foot Sky Garden, private rooftop terraces for office tenants, a full-service fitness center and ground-floor retail. Designed by Gensler, the property will also be WELL and LEED certified.

In addition to the University of South Florida Morsani College of Medicine and Heart Institute, which opened earlier this year, the first phase of Water Street Tampa is well underway with eight buildings delivering between 2020 and 2021, including the new 519-room JW Marriott Hotel, the 172-room EDITION Hotel, 37 Residences at The Tampa EDITION, 1,305 new rental apartment homes, and over 150,000 square feet of ground floor retail, including a new Greenwise Market by Publix.
At full build-out, Water Street Tampa will encompass 2million square feet of office space, 3,500 residential units, 1,593 hotel rooms and 1 million square feet of retail/entertainment space. In partnership with IWBI, Water Street Tampa piloted the world’s first WELL Certified Community and is also anticipating receiving LEED for Neighborhood Development Certification.

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