Synovus Bank Signs Leases For Office, Retail Space At Water Street

TAMPA, FL — Strategic Property Partners LLC announced that Synovus, a Georgia state-chartered bank, has signed office and retail leases in Water Street Tampa.

The leases include a 14,234-square-foot office on the seventh floor of Thousand & One, Water Street Tampa’s new trophy office tower, and a 2,334-square-foot retail lease at the base of Asher, the neighborhood’s latest residential development.

Pending regulatory approval, Synovus’ new retail branch will mark the company’s 16th retail location in the Tampa Bay region.

“Water Street Tampa is becoming the ultimate destination for businesses to grow and thrive,” said David Bevirt, executive vice president of corporate leasing and strategy for SPP. “Companies like Synovus recognize the value of spreading roots in an innovative live-work-play neighborhood like Water Street Tampa that offers first-rate living, shopping and dining destinations all in one place.”

Synovus’ new office at Thousand & One and retail branch at Asher will place the company and its team members in the center of this neighborhood. Offices, retail, housing, dining, culture and

entertainment offerings are all oriented around pedestrian-focused streets and acres of new public space.

See related stories:

• Water Street Tampa Opens City's First Trophy Office Building
• Water Street High-Rise Apartment Building Celebrates Topping Out
• A New Look At Tampa's $3 Billion Project: Water Street Tampa

Synovus will complement Water Street Tampa’s retail landscape, which currently has more than
30 tenants committed, ranging from regional restaurants to national fitness franchises to a locally owned boutique.

"Synovus is thrilled to be part of the development and innovation taking place in the city of Tampa, and our new Water Street location represents our commitment to the financial and economic health of this key growth market,” said Sean Simpson, Synovus division CEO for Central and South Florida. "We look forward to enhancing our Tampa presence and delivering solutions for our clients and communities in an area that echoes our people-first approach to banking."

Employing a wellness-oriented, indoor-outdoor office environment meant to promote well-being and increase productivity among tenants, Thousand & One is the first trophy office tower in downtown Tampa in nearly 30 years. The 20-story tower offers 372,000 square feet of office space and 12,000 square feet of ground-floor retail, as well as thoughtful design features including floor-to-ceiling windows with water-facing views, flexible floor plans and lushly landscaped terraces.

Encouraging collaboration, community and personal development, the building is also home to a town hall-style gathering space, an open-air conference space and an employee fitness center.