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Regus Signs Long-term Deal for New Facility in Westshore Submarket
TAMPA, March 7, 2013 – Jones Lang LaSalle (JLL) secures a new long-term lease for 16,072 square feet of office space for Regus at One Urban Centre, an award-winning, Class A, mid-rise office building located at 4830 W Kennedy Blvd. in Tampa’s Westshore submarket. With office vacancy rates expected to drop this year and demand on the rise, Regus, the global office space provider is betting on Tampa Bay with its fifth state-of-the-art business center slated to open this spring, offering executive suite offices, meeting space and virtual offices.
Jones Lang LaSalle Vice President Deana Beer represented One Urban Centre. Jones Lang LaSalle Vice President Brent Miller represented the tenant Regus in the transaction.
With a prime location at the intersection of Westshore and Kennedy Boulevards, One Urban Centre and its twin Two Urban Centre recently received NAIOP’s 2012 Best Office Building Award and BOMA of Greater Tampa Bay’s 2012 Outstanding Building of the Year (TOBY) Award in the Suburban Office Park, Mid-Rise category.
“It is wonderful to have Regus as a tenant, as it will fulfill the needs of single and small office space users, startups and traveling executives,” said Beer. “Urban Centre is truly a city within a city. Regus and its tenants will benefit from its high profile location, unmatched amenities and unique personal and business offerings.”
Jones Lang LaSalle exclusively manages and leases One Urban Centre, which has undergone extensive renovations valued at more than $10 million to the atrium lobby, common area corridors and restrooms, elevators, roof replacement and courtyards, to name a few. The property is 92 percent leased and houses elite tenants, such as American Momentum Bank, UNUM Life Insurance, Ideal Image and MassMutual. It boasts a nine-story atrium, 4-star hotel, private membership club, restaurants, dry cleaners, auto detailing, fitness center, state of the art conference center and more.
About Jones Lang LaSalle Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management. For further information, visit www.jll.com.
About Regus With more than 1,200 business centers in 95 countries, Regus is the world’s largest provider of flexible workplaces. Regus enables people to work their way, whether it’s from home, on the road or from an office. Customers such as Google, GlaxoSmithKline, and Nokia join hundreds of thousands of growing small and medium businesses that benefit from outsourcing their office and workplace needs to Regus, allowing them to focus on their core activities.
Yanet Obarrio Sanchez