Local firm buys landmark St. Pete office tower, plans $20M renovations

Local firm buys landmark St. Pete office tower, plans $20M renovations

Feldman Equities acquired downtown St. Petersburg’s tallest office tower and plans to invest more than $20 million into the property as investors continue favoring office buildings in walkable downtown districts across Florida. The Tampa Bay real estate firm said Thursday that it purchased 200 Central Avenue, a 28-story, 308,000-square-foot tower that anchors downtown St. Petersburg’s business district and counts Raymond James, ARK Invest, Merri…

Feldman Equities acquires 200 Central office tower

St. Petersburg-based Feldman Equities, LLC and its partners have acquired the 28-story 200 Central Avenue office tower in St. Petersburg. The deal was announced today. The approximately 308,000-square-foot building, located in the Waterfront Arts District, is home to tenants such as Raymond James, Dynasty Financial Partners, ARK Invest and Merrill Lynch. Additionally, it features a variety of… Source