Foot Locker makes it official, signs lease for new HQ in prominent St. Pete office park

About eight months after announcing it was moving its global headquarters to St. Petersburg, Foot Locker has signed a lease for an 110,998-square-foot space in the city’s Carillon Business Park.

The space is at 570 Carillon, an office building just off Roosevelt Boulevard, about a mile from Interstate 275.

A spokesperson for the building’s owner, The Feil Organization, says Foot Locker will move into the space this fall. Terms of the lease were not disclosed.

Feil, a New York real estate investment, management and development firm, announced the lease Monday morning.

Foot Locker CEO Mary Dillon announced the company’s decision to relocate to St. Petersburg in an August quarterly earnings call.

It came about three years after the city of St. Petersburg and Pinellas County committed to nearly $500,000 in incentives to lure the Fortune 500 company from New York.

St. Petersburg Mayor Ken Welch says in Monday's statement that when a company of Foot Locker’s stature “relocates its headquarters, its leadership, and its team members to the Tampa Bay region, it’s an investment in the promise of St. Pete’s culture, workforce, and local economy.”

The move is part of Foot Locker’s Lace Up Plan which was “created to pursue ongoing expense discipline and advance the long-term operations and growth of the company.”

Dillion, when announcing the move to St. Petersburg last year, said the city would “better support our strategic progress (and) increase team member collaboration, as well as ongoing expense discipline.”

The company already has a significant local presence in the area. Champs Sports, one of its brands, was founded in Bradenton and moved to St. Petersburg in early 2020.

Foot Locker currently operates 2,600 retail stores in 26 countries in North America, Europe, Asia, Australia and New Zealand. It has franchised stores in the Middle East and Asia.

Its total revenue last year was $7.98 billion.

The company was represented by Lee Winter and Caleb Lewis of JLL. The Feil Organization was represented in-house by Andrew Wiener and Barry Hanerfeld and Molly Molloy Catlett of CBRE.