Patrick Kelly serves as Senior Vice President for Franklin Street in the firm’s Tampa headquarters office. In his role, Kelly provides strategic guidance for Franklin Street, helping to grow the firm’s market share and expand its investment sales, capital advisory, insurance, property management, project management, and tenant and landlord representation services throughout Tampa Bay.
Kelly has more than 35 years of experience in commercial real estate with a strong history of transactional and development expertise, focusing on multiple asset classes including office, industrial, medical and land. Prior to Franklin Street, he served as president for Redstone Commercial, a major real estate brokerage and development firm with over 75 properties totaling more than 4.5 million square feet in 15 states. Kelly’s initial industry experience stems from his debt and equity background, having financed multiple office properties throughout Florida and the Rocky Mountain states.
His capital markets focus shifted to commercial development when he became the Florida regional partner for one of the country’s largest developers, The Vantage Companies. Kelly managed the development of over 2 million square feet of flex and Class A office, industrial and retail product throughout the Southeast. Previously, Kelly was managing principal of a company that managed, leased, and sold over 10 million square feet of commercial real estate assets within multiple markets in Florida, along with Atlanta, Raleigh, Memphis, Nashville and Denver.
In Tampa Bay, he led the infrastructure development for several office parks (Carillon Park, Highland Oaks, University of South Florida Research Park, Crescent Park). He also negotiated many large office lease transactions, representing both tenants and landlords, including Franklin Templeton, GTE, Aegon , PBS&G, New York Life, URS Greiner, and the Perot Group. In 2014, Kelly was inducted into the NAIOP (formerly the National Association for Industrial and Office Parks) Tampa Bay Hall of Fame in recognition of his significant contributions to commercial real estate and the Tampa region.
Kelly, a sixth-generation Floridian raised in Miami, holds a bachelor’s degree in Business from Florida State University. He is actively involved with Florida State University’s Real Estate Program, International Council of Shopping Centers, NAIOP, Real Estate Investment Council of Tampa Bay and Tampa’s Westshore Alliance.
Florida State University Real Estate Program
International Council of Shopping Centers
NAIOP (formerly the National Association for Industrial and Office Parks)
Real Estate Investment Council of Tampa Bay
NAIOP Tampa Bay Hall of Fame — Inducted 2014
Florida State University, B.A. Business
Tampa Bay Business Journal: Best Real Estate Deals: Top Tampa Bay industrial deals of 2023
December 15, 2023
Sunshine Industrial Park Sunshine Industrial Park is an industrial park in Clearwater that was purchased by Zenith Industrial Outdoor Storage in a joint-venture partnership with JPMorgan. The park spans 83 acres and includes 219,000 square feet of warehouse space. Roughly 30 acres of the park is undeveloped, allowing for outdoor storage space or future development….