Cushman & Wakefield’s Mercedes Angell and Lauren Coup Negotiated a Lease for the Restaurant’s Third Tampa Location on Behalf of Building Owner Denholtz Associates
TAMPA, FL, August 3, 2017 — Cushman & Wakefield announced today that it has negotiated a ground-floor retail lease with Inside the Box Cafe & Catering in The Times Building in downtown Tampa.
Senior Director Mercedes Angell and Director Lauren Coup negotiated the lease on behalf of Matawan, NJ-based building owner Denholtz Associates.
Inside the Box leased the building’s café space on the ground floor in the asset’s newly renovated lobby. It is expected to open in September. This will be the third Inside the Box location in the Tampa market. The Tampa-based restaurant has existing locations in Westshore Center and Tampa International Airport.
Inside the Box is a subsidiary of Metropolitan Ministries, a local, independent, faith-based nonprofit organization founded in 1972 and committed to providing services to the poor and homeless in Hillsborough and Pasco Counties. Inside the Box sells gourmet boxed lunches, the proceeds from which are reinvested in efforts to feed less fortunate members of the Tampa Bay community. In the last year, Metropolitan Ministries served nearly 1.2 million meals to local citizens.
Inside the Box locations are staffed by its Culinary Arts Program (CAP) candidates. The CAP program provides vocational training opportunities for men and women transitioning out of homelessness and poverty, producing qualified employees who are prepared for work in the hospitality industry.
“We are thrilled to welcome Inside the Box to The Times Building,” said Angell. “Beyond providing tenants convenient access to amazing, award-winning food, Inside the Box has expertly blended business and philanthropy to become one of Tampa’s great success stories.”
“Our ownership of The Times Building has provided us with the unique opportunity to be active participants in the thriving economic and cultural scene in downtown Tampa,” said Kristine B. Hurlbut, Senior Vice President of Leasing at Denholtz Associates. “Inside the Box’s commitment to running a successful business and contributing to their local community echoes our company’s core values and embodies the types of tenants we hope to attract to our buildings.”
“Throughout our portfolio, our supremely located, modern buildings, such as The Times Building, and our substantial in house capabilities allow us to execute our multi-tenant, risk-adjusted leasing strategy to ensure superior returns for our investors while providing innovative and important businesses with a place to call home,” added Hurlbut.
The Times Building is a 10-story, 180,630-square-foot office tower featuring high-quality office space, on-site management, lush landscaping, a fully renovated lobby, a new fitness center, ample parking, a shared conference facility and downtown shuttle service. Availabilities range up to ±15,627 contiguous square feet.
The Times Building is located at 1000 North Ashley Drive in Tampa’s Cultural Arts District. This downtown location provides excellent access to Interstate 275, the Straz Peforming Arts Center and Tampa International Airport.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.
About Denholtz Associates
Denholtz Associates is a privately held, fully integrated real estate development, investment and management company with more than 60 years of commercial real estate experience. Denholtz Associates actively targets multi-tenant office and industrial properties in select markets to diversify risk and provide maximum returns for its capital partners. Specializing in adaptive reuse and utilizing its substantial in-house operational capabilities and extensive knowledge of targeted locations, Denholtz capitalizes on unique opportunities in the marketplace. Additional information for Denholtz Associates is available online at www.denholtzassociates.com
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