August 11, 2023 (Tampa, FL) – St. Croix Capital Companies, an Austin-headquartered commercial real estate firm and its Tampa-based affiliate, Cowboys and Pirates, has acquired real estate in the heart of Ybor City to add to its growing Tampa portfolio.
Located at 1517 E. 5th Avenue, just two blocks from Centro Ybor across from the Centro Ybor Garage, the property will be the new home of Celebrity Cigars and Cigar TV. Owned by the Mobley family, the company is historically known for its hand-rolled cigars (using premium bourbon barrel-aged distillery brands) with roots in tobacco farming and warehouses in Kentucky, and most recently, pioneers in the streaming TV platform.
Celebrity Cigars will specialize in pairing quality cigar blends from around the world and private labeling with major lifestyle brands in entertainment, sports, foods, wines, liquors, apparel, luxury automotive, yachting, and licensing worldwide.
This new location will serve as headquarters for Celebrity Cigars, which signed a long-term lease for the 2,800-square-foot building.
“The property’s prime location just a block from Darryl Shaw’s Gas Worx development made it a highly sought-after space for a variety of tenants,” said Jeremy Peterson, senior vice president of St. Croix Capital Companies and Tampa market president, Cowboys and Pirates. “That allowed us to be very selective in our use for this property, and we believe we’ve found the right match in Celebrity Cigars to complement Ybor City’s rich heritage.”
The Ybor City acquisition follows St. Croix’s recent entry into the Tampa market with the purchase of fully leased 303 N. Rome Avenue in the heart of North Hyde Park.
Scheduled for a September 2023 grand opening, Celebrity Cigars will feature a retail store, offer Ybor City historical tours, host cigar pairing special events, and house a production facility for the company’s “Cigar TV” channel distributed globally on all major streaming platforms and services.
“The Ybor City neighborhood is centrally located and undergoing major redevelopment, which is bringing new businesses, apartments, and hotels to the area,” said Sean Mobley, director, Celebrity Cigars. “We’re excited to be part of the existing cigar heritage and are especially grateful to St. Croix for allowing us to introduce the Celebrity brand to the Tampa Bay market with our flagship Ybor location.”
About Celebrity Cigars
Celebrity Cigars holds the unique distinction of being the world’s first company to combine the 24/7 cigar-centric streaming of CigarTV with marketing personalized cigar creations for major brands. The company serves the crème de la crème – high-end brands, celebrities, athletes, and corporations.
Additionally, Celebrity Cigars AI-driven tool offers a unique experience by suggesting food, drink pairings and maintains a personal diary for cigar enthusiasts. The company’s custom app-based directory enables over 2,000 cigar shop retailers to generate traffic by selling custom cigars and boxes for special events creating opportunities to reach new customers and increase profits while collectively crafting a fresh narrative in the luxury lifestyle sphere.
About St Croix Capital Companies and Cowboys and Pirates
Founded in San Diego, California in 1982, St. Croix Capital Companies is owned by husband and wife, Ken and Christi Satterlee. A full-service commercial real estate firm based in Austin, Texas, with its Florida operating division, Cowboys and Pirates, based in Tampa, the company provides investment, development, management, and brokerage services. As an investor, St. Croix actively acquires and develops industrial, flex industrial, retail, and office assets in select markets across the United States. The company’s growing Tampa portfolio includes additional projects and acquisitions slated for 2023.