Is Banyan Street seeking new partners?

Move to recapitalize Bank of America Plaza and Tampa City Center downtown fueled by Oaktree purchase

  • By Kevin McQuaid
  • | 6:00 a.m. August 30, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Bank of America Plaza owner Banyan Street Capital is working to recapitalize the 42-story tower.
COURTESY PHOTO — Bank of America Plaza owner Banyan Street Capital is working to recapitalize the 42-story tower.
  • Commercial Real Estate
  • Share

Don’t be surprised if one or even two of downtown Tampa’s most high-profile office towers have a new ownership structure soon.

That’s because Banyan Street Capital has been actively working to recapitalize its Bank of America Plaza and possibly Tampa City Center skyscrapers with new partners, industry sources say.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • December 18, 2025
Kolter, Casto buy 19 acres in Parrish
  • December 18, 2025
Tampa Museum of Art director to retire
  • December 18, 2025
ESPN report: Naples' Hoffmann family buying NHL hockey team
  • December 18, 2025
4-acre entertainment district to be built in downtown Tampa

Sponsored Content