Make us your home page
Instagram

Wells Fargo Center in downtown Tampa sells for $44.8 million

Two Florida real estate investment firms are the new owners of the Wells Fargo Center in downtown Tampa, paying $44.8 million for the 22-story tower, the firms announced Wednesday.

Feldman Equities and Tower Realty Partners paid $116 per square foot for the building at 100 S Ashley Drive, which holds offices for Wells Fargo, the Phelps Dunbar law firm and financial services firm UBS.

The Wells Fargo Center, downtown's southernmost office tower, is near the Tampa Convention Center. The new owners bought it from an investment trust called Tampa Equities REIT 1 and plan to renovate parts of the building and add a high-end gym.

Feldman, with an office in St. Petersburg, and Tower Realty, based in Orlando, also own City Center in downtown St. Petersburg and Fountain Square II in Tampa's West Shore business district.

Wells Fargo Center in downtown Tampa sells for $44.8 million 01/09/13 [Last modified: Wednesday, January 9, 2013 7:41pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Pinellas construction licensing board needs to be fixed. But how?

    Local Government

    LARGO –– Everyone agrees that the Pinellas County Construction Licensing Board needs to be reformed. But no one agrees on how to do it.

    Rodney Fischer, former executive director of the Pinellas County Construction Licensing Board Rodney, at a February meeting. His management of the agency was criticized by an inspector general's report. [SCOTT KEELER   |   Times]

  2. New owners take over downtown St. Petersburg's Hofbräuhaus

    Retail

    ST. PETERSBURG — The downtown German beer-hall Hofbräuhaus St. Petersburg has been bought by a partnership led by former Checkers Drive-In Restaurants president Keith Sirois.

    The Hofbrauhaus, St. Petersburg, located in the former historic Tramor Cafeteria, St. Petersburg, is under new ownership.
[SCOTT KEELER  |  TIMES]

  3. Boho Hunter will target fashions in Hyde Park

    Business

    Boho Hunter, a boutique based in Miami's Wynwood District, will expand into Tampa with its very first franchise.

    Palma Canaria bags will be among the featured items at Boho Hunter when it opens in October. Photo courtesy of Boho Hunter.
  4. Gallery now bringing useful art to Hyde Park customers

    Business

    HYDE PARK — In 1998, Mike and Sue Shapiro opened a gallery in St. Petersburg along Central Ave., with a majority of the space dedicated to Sue's clay studio.

     As Sue Shapiro continued to work on her pottery in St. Petersburg, her retail space grew and her studio shrunk. Now Shapiro's is bringing wares like these to Hyde Park Village. Photo courtesy of Shapiro's.
  5. Appointments at Raymond James Bank and Saint Leo University highlight this week's Tampa Bay business Movers & Shakers

    Business

    Banking

    Raymond James Bank has hired Grace Jackson to serve as executive vice president and chief operating officer. Jackson will oversee all of Raymond James Bank's operational business elements, risk management and strategic planning functions. Kackson joins Raymond James Bank after senior …

    Raymond James Bank has hired Grace Jackson to serve as executive vice president and chief operating officer. [Company handout]