Colliers International Tampa Bay awarded 1.3-million-square-foot office leasing portfolio

Osprey S.A., LTD has awarded Colliers International Tampa Bay the exclusive leasing assignment of 1.3 million square feet of Class A office space in Sarasota, Tampa and St. Petersburg.

The Osprey portfolio consists of 14 office properties, with eight located in Sarasota and another six located around the Tampa Bay area, in Tampa’s Rocky Point and West Shore Business District, East/Northeast Tampa and St. Petersburg’s Gateway submarket. The Sarasota properties total approximately 630,000 square feet and the Tampa/St. Petersburg properties total approximately 700,000 square feet.

Lori Hellstrom, CCIM, formerly Osprey’s Director of Leasing, has joined the Colliers team as a Director - Office Services, along with Fabienne Porter as Client Services Specialist. Hellstrom handled leasing for the portfolio’s Sarasota properties for seven years and the Tampa/St. Petersburg properties for the last year. She and Porter will continue representing the portfolio.

The properties in the portfolio have a combined occupancy rate of more than 80 percent and a high level of leasing activity.

The largest property in the portfolio is Sarasota City Center with 247,605 square feet and such notable tenants as Wells Fargo and Merrill Lynch. Other prominent assets in the portfolio include the 105,096-square-foot Castille at Carillon in St. Petersburg and the Westlake Corporate Center I & II in Tampa, which total 172,048 square feet.

“Working in both the Sarasota and Tampa markets, Colliers International has the marketing resources and global reach needed to do an excellent job in representing Osprey’s Florida portfolio and other clients throughout the region,” Hellstrom said. “With a strong presence in the Tampa Bay market and growing presence in the Sarasota market, Colliers was a natural fit.”

With one of the largest leasing portfolios in Tampa Bay, Colliers already handles leasing for some of area’s largest office properties, including downtown Tampa’s Park Tower, with 472,762 square feet, and Fifth Third Center, with 281,187 square feet.

“Our Florida operation continues to expand, and this leasing award from Osprey S.A., LTD reflects how our quality work leads to more business for us,” said Ryan Kratz, President of Colliers International Tampa Bay, Central and Southwest Florida. “We are excited to have Lori Hellstrom and Fabienne Porter join our team, as their knowledge and expertise will be vital to our representation of these properties.”

About Colliers International Group Inc.

Colliers International Group Inc. is a global leader in commercial real estate services with more than 16,000 professionals operating from 554 offices in 66 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm. For the latest news from Colliers International, visit Colliers.com, or follow us on Twitter: @Colliers and LinkedIn.

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For further information, please contact:

Tyler Killette, Account Coordinator
B2 Communications
Office: (727) 895-5030 ext. 107

Cell: (813) 270-7854
Tyler@B2Communications.com