TAMPA, FL—Carter Validus is relocating its corporate headquarters to Two Urban Centre, a class A office building in Tampa's Westshore submarket. The commercial real estate firm is taking down 16,072 square feet of office space of the 269,954 square-foot office building.

JLL vice president Deana Beer represented Two Urban Centre. Cushman & Wakefield directors Barry Oaks and Jeff Sweeney represented the tenant.

Carter has about $1.5 billion of healthcare and data center real estate assets under management. Since launching in 2010, the firm has grown from four to almost 50 employees. Carter is relocating its corporate headquarters from Corporate Center Two at International Plaza to the mid-rise tower at 4890 West Kennedy Boulevard this September to accommodate growth.

“Two Urban Centre, with its high profile location, unmatched amenities and favorable leasing terms, continues to remain an office building of choice in the active Westshore submarket,” says Beer. “With Tampa's office market gaining strength, including a vacancy rate that has reached its lowest level since 2001, we expect to see more deal activity in the remainder of the year as tenants look to lock up favorable terms at prime assets like One and Two Urban Centre.”

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

“As we were looking at our office space options in the market, it soon became clear that Two Urban Centre would be an ideal location for our headquarters in Tampa,” says John Carter, CEO of Carter. “Two Urban Centre is a great building and centrally located in Westshore. Its full list of amenities, quality finishes, and ability to house a modern workspace that accommodates collaboration and our ongoing growth meets our needs perfectly.”

The Westshore submarket continues to tighten and as if shifts towards becoming a landlord market. Vacancy is moving downward, currently sitting below the five-year average and slightly over the 10-year average, according to JLL's first quarter Tampa Bay Office Outlook. Several proposed infrastructure projects are on the boards and JLL expects the submarket's accessibility to increase, making the it even more attractive option for tenants touring for office space.