Downtown St. Pete office tower wins third big deal of 2015
By Ashley Gurbal Kritzer
Tampa Bay Business Journal
Published: Dec 21, 2015

First Central Tower in downtown St. Petersburg has scored its third major deal of 2015.

Regus, which provides executive suites and coworking spaces, has committed to a full floor or 15,296 square feet in the tower, Feldman Equities LLC said.

Brent Miller and Bryan Rodriguez of JLL represented Regus in the transaction. It's the third major tenant First Central has won since Feldman Equities, Tower Realty Partners and Second City Real Estate acquired the building a year ago.

Twinlab Consolidation Corp. signed a lease for two full floors in April, and Banker Lopez Gassler PA committed to a full floor in August.

When the partnership bought First Central, it announced a $10 million renovation that would upgrade the lobby, elevators and restrooms and add a new amenity package.

"Our goal is to transform First Central Tower into a first class office destination,” Larry Feldman, CEO of Feldman Equities, said in a statement.

The same partnership has successfully revitalized downtown Tampa's Wells Fargo Center and the Morgan Stanley Tower in downtown St. Pete. The group's next big play is Riverwalk Tower, a 52-story, mixed-used tower on the water in downtown Tampa.

Ashley Gurbal Kritzer is a reporter for the Tampa Bay Business Journal.