CBRE SELECTED TO LEASE BUILD-TO-SUIT CLASS A OFFICE IN TAMPA

CBRE SELECTED TO LEASE BUILD-TO-SUIT CLASS A OFFICE IN TAMPA

Tampa, FL – August 19, 2014 – (RealEstateRama) — CBRE has been selected by the Ryan Companies as the exclusive leasing agent for Southern Oaks at Telecom Park, a two-building Class A office complex with a total of 230,000 rentable square feet, located at 7810-7860 East Telecom Parkway in Temple Terrace, Florida. This pre-lease/build-to-suit property is registered for LEED certification and offers large, collaborative floor plates of 28,750 rentable square feet.

“Ryan Companies is bringing to the marketplace an exciting product ahead of demand and timed to deliver as supply is decreasing,” said CBRE First Vice President Anne-Marie Ayers. “Southern Oaks I and Southern Oaks II capitalizes on the trend for more collaborative, open space that is energy efficient and provides interactive work spaces. The energy-efficient materials, systems and fixtures used in the project will translate into tenant savings.”

“We have an 18-acre site with site improvements already in place ready for construction. We can be out of the ground and deliver 230,000 SF office building with 5 per 1000 parking before anyone else in the market,” added Brian Devlin, Vice President of Development for Ryan Companies US, Inc.

Located two miles east of the University of South Florida and the H. Lee Moffitt Cancer Center, Southern Oaks offers convenient access to I-75 and I-275 on the northeast edge of Tampa. The Telecom Park area offers restaurants, hotels, and other amenities, as well as Verizon Smart Park.

Southern Oaks at Telecom Park is registered with a certification goal of LEED Silver. Its LEED features include showers and a changing room on the first floor, designated parking for fuel-efficient vehicles, a reflective white TPO roof system with R-25 insulation, water-saving plumbing fixtures, a high-efficiency HVAC system, low-emitting materials and insulated, low-E glass windows.

Tampa Bay is now the biggest job generator among Florida metros, and its economy ranks among the 20 fastest-growing metro areas in the country. Southern Oaks at Telecom Park is poised to ride this economic wave through this opportunity to lease or build-to-suit.

The CBRE team assigned to Southern Oaks includes Anne-Marie Ayers and Philip Weber.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

Contact:
Elizabeth Cross
Marketing Director, FL
305.428.6373


Daniel Jimenez
Communications Specialist
407.839.3191

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