Banyan Street solidifying CBRE relationship

In the wake of its $193.5 million joint venture purchase of the Bank of America Plaza in downtown Tampa last December, Banyan Street Capital is cementing its relationship with CBRE Inc., the nation's largest commercial real estate brokerage and services firm.

CBRE brokered the sale of the 42-story skyscraper, at 101 E. Kennedy Blvd., the largest sale to occur in the Tampa Bay region since 2012.

Now, Banyan Street has given CBRE the nod to be its exclusive leasing agent for Rivergate Tower, a 31-story high-rise at 400 N. Ashley Drive, also downtown near the city's Riverwalk.
The Miami-based office buyer acquired that nearly 516,000-square-foot building last summer for $70 million, with plans to “elevate the project to a new standard for downtown.”