Franklin Street has negotiated a 61,598-square-foot office lease transaction for Baldwin Krystyn Sherman Partners (BKS-Partners), a Tampa-based independent insurance brokerage and risk management firm, at 4211 West Boy Scout Boulevard in the Westshore submarket of Tampa. BKS-Partners signed a long-term lease to occupy two floors at Corporate Center II at International Plaza, a 10-story, Class A office tower. With the transaction, the tenant will relocate its headquarters to Corporate Center II from its current location in Westshore.
Chris Butler, managing director for Franklin Street’s Office and Industrial division, and Ryan McCurdy, senior associate, represented the tenant in the transaction. JLL’s Ron Ruffner and Clay Sovich represented the landlord, Cousins Properties Inc., in the transaction.
“The Westshore business district remains hot with rental rates rising and vacancy rates continuing to decrease,” said Butler. “As the market continues to tighten, it is critical for tenants to creatively structure solutions in order to effectively capture immediate and long-term needs.”
Trevor Baldwin, President of BKS-Partners’ holding company, shares how this space meets the needs of their rapidly growing business. “After expanding our footprint across the sunbelt in 2018, we are thrilled to reaffirm our roots and commitment to the Tampa Bay area. The unique solutions this space offers will allow us to further grow BKS with the best and brightest talent.” He continues, “as a fiercely independent firm, fostering an innovative and thriving workspace for our colleagues is our top priority – it accelerates our ability to proactively serve needs of our clients and the community.”
Built in 2002, Corporate Center II at International Plaza is an Energy Star-certified office building located at the northeast intersection of Lois Avenue and Boy Scout Boulevard. The 290,648-square-foot property features convenient access to I-275, Veterans Expressway and State Road 60.
About BKS-Partners: Baldwin Krystyn Sherman Partners (BKS-Partners) is an award-winning entrepreneur led and inspired insurance brokerage firm delivering expertly crafted Commercial Insurance and Risk Management, Private Insurance and Risk Management, Employee Benefits and Benefit Administration, Asset and Income Protection, and Risk Mitigation strategies to clients wherever their passions and businesses take them throughout the U.S. and abroad. With award winning industry expertise, colleagues, competencies, insurers, and most importantly, a highly differentiated culture that our clients consider an invaluable expansion of their business. Visit BKS-Partners.com to learn more.
About Franklin Street: Celebrating more than 10 years in the business, Franklin Street is a family of full-service commercial real estate companies focused on delivering value-add solutions to meet the evolving needs of clients. Through a collaborative philosophy of leveraging the resources, expertise and experience of each of its divisions – Real Estate, Capital, Property Management and Project Management – Franklin Street offers unmatched value and optimal solutions for clients nationwide. Learn more about Franklin Street at FranklinSt.com.