Prudential signs Midtown West lease for investment management business
By Breanne Williams
Tampa Bay Business Journal
Published: Jul 5, 2022

PGIM Inc., the global investment management business of Prudential Financial, has signed a lease for a 22,272-square-foot space in Midtown West.

Raleigh, North Carolina-based Highwoods Properties Inc., in partnership with the New York City-based Bromley Cos., announced PGIM will occupy an entire floor of the eight-story building in Midtown Tampa in spring 2023. The move will bring approximately 150 new jobs to Tampa, according to Highwoods.

“They join the building’s distinguished customers who have helped make Midtown function as the area’s workforce epicenter,” Dan Woodward, senior vice president and Tampa market leader for Highwoods, said in a release. “With a strong commitment to the customer experience, Midtown West has become a magnet for talent.”

The 152,000-square-foot Class A office building is now 85% leased, according to Highwoods. Bromley CEO Nicholas Haines said the company was proud to work with Highwoods Properties to provide a “vibrant, energized area” to the city and that PGIM is “a welcome addition” to the community.

PGIM is the investment group of Prudential Financial, an American Fortune Global 500 and Fortune 500 company that is new to the Tampa Bay area. As of March 31, PGIM has more than $1.4 trillion in assets under management and has offices in 17 countries.

The Midtown West building has Tampa’s first REI Co-Op, Kforce Inc. and Primo Water Corp. headquarters and is adjacent to Tampa’s largest Whole Foods.

Due to the success of Midtown West, Bromley is launching a new 16-story tower, known as Midtown East, which will total 400,000 square feet.