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Vision Properties, which acquired the 71-acre Renaissance Center business park in 2016 for $108 million, is relocating its headquarters to the Westshore Business District campus from New Jersey.
“With Tampa’s quality of life, Florida’s business-friendly environment and its climate, we found that we liked spending a lot of time here,” says Vision Properties’ CEO Fred Arena, who started the company in 2006 to acquire assets primarily in the Northeast.
“And among its many amenities, Tampa has a great airport,” he adds. “That was a real selling point for us, since we still have a presence in New Jersey and a satellite office in Charlotte.”
Vision Properties’ move to roughly 4,000 square feet in its Renaissance Five building comes amid robust activity at the park.
In August 2018, AAA moved some 750 employees to a new four-story, 150,000-square-foot office building within the park, and more recently, health care insurer Centene Corp. has purportedly leased the entire Renaissance Seven building, slated for completion next month.
Neither Arena nor William Bertolero, a Vision Properties vice president, would confirm that Centene is moving into the park, citing tenant agreements.
Vision Properties began Renaissance Seven, a four-story building with 115,000 square feet, on a speculative basis last year.
Meanwhile, the company is proceeding with plans for two additional office buildings, the first of which will begin construction early next year by Itasca Construction Associates from a Horton, Harley & Carter design. Renaissance Eight, at eight stories, will contain 250,000 square feet.
In all, Renaissance Center is expected to contain 1.285 million square feet of space when fully developed, Bertolero says.
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