Downtown tower signs several new tenants, nears fully occupancy

After the pandemic and attrition dropped occupancy, Bradenton Financial Center is nearly full


  • By Louis Llovio
  • | 3:08 p.m. December 15, 2021
  • | 2 Free Articles Remaining!
FILE: The Bradenton Financial Center is nearly full after four tenants join mix.
FILE: The Bradenton Financial Center is nearly full after four tenants join mix.
  • Manatee-Sarasota
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BRADENTON — The Bradenton Financial Center, the city’s tallest building, is almost completely filled.

Savian Capital, the building’s owners, announced four new tenants who are taking 19,743 square feet of space, leaving a single vacant suite in the downtown office tower.

The new tenants are:

  • Qure4U, a health care IT support company, signed a five-year lease for 7,179 square feet on the ninth floor.
  • Fidelity National Title Co. signed a three-year lease for 2,136 square feet on the third floor.
  • Oxlos, a marketing, branding, education, and training firm, leased 7,622 square feet on the first floor. The term was not disclosed.
  • Horsepower Financial Services, a company specializing in leasing Harley-Davidson motorcycles, leased 2,806 square feet on the ninth floor. The term was not disclosed.

Savian bought the 12-story building in 2019 for $14.95 million. The company said at the time it was planning a about $1 million in upgrades to the lobby, common areas, adjacent parking garage and restrooms. Occupancy then was at 90%, but the pandemic and attrition has dropped it to about 80%, Savian says.

The building, at 1401 W. Manatee Ave., was built in 1986. Existing tenants include Merrill Lynch, Mauldin & Jenkins CPAs & Advisors and Morgan Stanley, according to the company.

 

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