Heritage Insurance plans to relocate its corporate headquarters to Tampa's Westshore City Center from its current headquarters in Clearwater. The publicly traded company will fully occupy an 88,643-square-foot building at the Westshore Business District office park, which is currently undergoing a $10 million renovation project.

Tampa-based Ally Capital Group acquired Westshore City Center in early 2019 and tapped Franklin Street to oversee leasing and management for the property. Franklin Street's Matt Alexander and Chad Rupp arranged the 10-year lease at 1401 N. Westshore Blvd.

Westshore City Center is now 85% leased, up from 35% when Ally Capital Group first acquired it.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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