Tampa tower's new owner leases 78,000 square feet of space

Just a few months after buying the 1 North Dale Mabry office building in Tampa, Enverra Real Estate Partners has completed six lease agreements for 78,000 square feet.

That includes a mix of two renewals and expansions and four new leases.

Atlanta-based Enverra bought the 13-story building late last year in a short sale. According to Hillsborough County property records, it paid $40.3 million and at the time committed to spending $4 million on upgrades.

Along with the new leases, Enverra says work is underway on the improvements — a lounge featuring a coffee bar, a landscaped outdoor terrace, improved street-level curb appeal and enhancements to the fitness center, conference facilities and common areas.

The building is at the northeast corner of Dale Mabry Highway and Kennedy Boulevard, two of the busiest commercial corridors in the city, and less than a mile from Interstate 275 and the Midtown Tampa development. 

Lease terms were not disclosed.

The transactions include:

• PCL Construction, a general contractor, has signed a renewal and is expanding to 20,977 square feet.
• Marsh McLennan Agency, a professional services firm, has signed a renewal and is expanding to 18,008 square feet.
• Manatt, Phelps & Phillips, a law firm, has signed a new lease and is taking 12,713 square feet.
• Vault Risk Management, an insurance agency, has signed a new lease for 12,772 square feet.
• Alvarez, Thompson & Smoak, a law firm, has signed a new lease for 8,557 square feet.
• Esthetica, a medspa, has signed a new lease for 4,670 square feet.