Wells Fargo upgrades slated


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  • | 5:45 p.m. January 11, 2013
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TAMPA — After acquiring the 22-story Wells Fargo Center for $44.8 million this week, Feldman Equities Inc. and Tower Realty Partners plan extensive upgrades to the building, including a new, high-end fitness center, according to a statement from the companies.

The buyers plan to renovate the building's common corridors and bathrooms, as well as the garage. The 387,477-square-foot building, located across from the Tampa Convention Center, already had undergone multi-million dollar renovations before the sale. Those upgrades modernized the building systems and telecommunications infrastructure as well as the common areas. 

Anchored by Wells Fargo & Co., Phelps Dunbar and UBS, the Wells Fargo Center currently is 77% leased, according to Feldman. The joint venture plans an aggressive leasing program at the high-rise.

 

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