TAMPA, FL—Carter Validus is relocating its corporateheadquarters to Two Urban Centre, a class A office building inTampa's Westshore submarket. The commercial realestate firm is taking down 16,072 square feet ofoffice space of the 269,954 square-foot officebuilding.

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JLL vice president Deana Beerrepresented Two Urban Centre. Cushman &Wakefield directors Barry Oaks andJeff Sweeney represented the tenant.

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Carter has about $1.5 billion of healthcare anddata center real estate assets under management. Since launching in2010, the firm has grown from four to almost 50 employees. Carteris relocating its corporate headquarters from Corporate Center Twoat International Plaza to the mid-rise tower at 4890 West KennedyBoulevard this September to accommodate growth.

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“Two Urban Centre, with its high profile location, unmatchedamenities and favorable leasing terms, continues to remain anoffice building of choice in the active Westshore submarket,” saysBeer. “With Tampa's office market gaining strength, including avacancy rate that has reached its lowest level since 2001, weexpect to see more deal activity in the remainder of the year astenants look to lock up favorable terms at prime assets like Oneand Two Urban Centre.”

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One and Two Urban Centre has a prime location at theintersection of Westshore and Kennedy Boulevards. The twin towersreceived NAIOP's 2012 Best Office Building Award and BOMA ofGreater Tampa Bay's 2012 TOBY Award in the Suburban Office Park,Mid-Rise category.

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“As we were looking at our office space options in the market,it soon became clear that Two Urban Centre would be an ideallocation for our headquarters in Tampa,” says JohnCarter, CEO of Carter. “Two Urban Centre is a greatbuilding and centrally located in Westshore. Its full list ofamenities, quality finishes, and ability to house a modernworkspace that accommodates collaboration and our ongoing growthmeets our needs perfectly.”

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The Westshore submarket continues to tighten and as if shiftstowards becoming a landlord market. Vacancy is moving downward,currently sitting below the five-year average and slightly over the10-year average, according to JLL's first quarter Tampa Bay OfficeOutlook. Several proposed infrastructure projects are on the boardsand JLL expects the submarket's accessibility to increase, makingthe it even more attractive option for tenants touring for officespace.

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