{"id":1004051715,"date":"2012-06-21T09:13:47","date_gmt":"2012-06-21T17:13:47","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=53520"},"modified":"2022-12-06T01:22:20","modified_gmt":"2022-12-06T09:22:20","slug":"lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\/","title":{"rendered":"Lighting Owner Relocates Vinik Asset Management\u2019s HQ to SunTrust Tower"},"content":{"rendered":"

By Georgiana Mihaila, Associate Editor\"\"<\/a><\/em><\/p>\n

Vinik Asset Management\u2014the Boston-based hedge fund and investment firm founded and controlled by Tampa Bay Lightning owner Jeff Vinik\u2014will soon relocate to Tampa\u2019s SunTrust Financial Centre.<\/p>\n

The firm recently signed a long-term lease for more than 20,000 square feet at Tampa\u2019s iconic tower and will occupy the entire 31st floor of the building. While it will retain a presence in Boston, Vinik Asset Management will begin operating out of the new space this summer.<\/p>\n

Jones Lang LaSalle Inc.\u2019s Sharon Bragg represented the landlord\u2014an affiliate of The Brookdale Group\u2014during lease negotiations, while Andy May of Cushman & Wakefield Inc. represented the tenant. \u201cThe relocation of Vinik Asset Management\u2019s headquarters is not only a great win for SunTrust Financial Centre but it will have a significant impact on the city of Tampa and overall absorption for the CBD,\u201d said Bragg.<\/p>\n

Tampa\u2019s iconic SunTrust Financial Centre building is located at 401 E. Jackson St. in downtown Tampa, at the southeast corner of Jackson Street and Florida Avenue. The 36-story, 527,000-square-foot, Class A trophy office building, designed by U.S.-based Cooper Carry, features an all-white stair-stepped ziggurat roof that is illuminated at night, creating a \u201cdowntown beacon\u201d that is visible for miles.<\/p>\n

Designated the \u201cOutstanding Building of the Year\u201d by the Building Owners and Managers Association\u2019s (BOMA) Tampa Bay chapter in both 2010 and 2011, the building traded in December for $82 million. Owner The Brookdale Group has granted Jones Lang LaSalle exclusive leasing assignments.<\/p>\n

Vinik Asset Management\u2019s relocation to Tampa follows the Vinik family\u2019s purchase of two Palma Ceia properties, consisting of a $6 million, 8,300-square-foot home and a $3.2 million adjacent property. Vinik is also in the bid for acquiring the Channelside Bay Plaza shopping complex.<\/p>\n

Image Courtesy of The Brookdale Group Official Website<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Vinik Asset Management—the Boston-based hedge fund and investment firm founded and controlled by Tampa Bay Lightning owner Jeff Vinik—will soon relocate to Tampa’s SunTrust Financial Centre.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1612],"tags":[1815,39486],"class_list":["post-1004051715","post","type-post","status-publish","format-standard","hentry","category-latest","category-tampa","tag-national","tag-tampa"],"acf":[],"yoast_head":"\nLighting Owner Relocates Vinik Asset Management\u2019s HQ to SunTrust Tower - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lighting Owner Relocates Vinik Asset Management\u2019s HQ to SunTrust Tower\" \/>\n<meta property=\"og:description\" content=\"Vinik Asset Management—the Boston-based hedge fund and investment firm founded and controlled by Tampa Bay Lightning owner Jeff Vinik—will soon relocate to Tampa’s SunTrust Financial Centre.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-06-21T17:13:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T09:22:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/06\/SunTrust-Financial-Centre.jpg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\\\/\"},\"author\":{\"name\":\"Amalia Otet\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\"},\"headline\":\"Lighting Owner Relocates Vinik Asset Management\u2019s HQ to SunTrust Tower\",\"datePublished\":\"2012-06-21T17:13:47+00:00\",\"dateModified\":\"2022-12-06T09:22:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\\\/\"},\"wordCount\":314,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/06\\\/SunTrust-Financial-Centre.jpg\",\"keywords\":[\"National\",\"Tampa\"],\"articleSection\":[\"News\",\"Tampa\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lighting-owner-relocates-vinik-asset-managements-hq-to-suntrust-tower\\\/\",\"name\":\"Lighting Owner Relocates Vinik Asset Management\u2019s HQ to SunTrust Tower - 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