St. Petersburg, Fla. — Foot Locker, Inc., a leading footwear and apparel retailer (previously) based in New York City, has signed a 110,998-square-foot, long term office lease to relocate its global headquarters to 570 Carillon Parkway, a premier Class A office property in St. Petersburg, Fla. The building is owned by The Feil Organization, a premier national real estate investment firm.
“We’re thrilled to learn that Foot Locker has secured its move to St. Petersburg with a major presence in the Carillon area,” says Kenneth T. Welch, the mayor of St. Petersburg. “When a Fortune 500 company 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. As we continue our support of Foot Locker’s transition to our city, we remain committed to sustaining an impactful business environment so companies of all sizes can call St. Petersburg home.”
“We’re proud to establish our new headquarters in St. Petersburg, a city that has warmly welcomed Foot Locker, Inc.,” says Frank Bracken, president of Foot Locker, Inc. “As we accelerate our Lace Up Plan, we believe the metropolitan Tampa Bay area provides the perfect environment to align our internal teams, attract top talent and connect with the local community. With many of our team members already calling this city home, we’re excited to deepen our roots, foster connectivity and create greater alignment and inspiration for our team and brand partners to bring sneaker culture to life.”
The retailer first announced plans to relocate its headquarters to St. Petersburg in the third quarter of 2024.
570 Carillon, located in the Carillon Business Park, provides a prime office location with extensive renovations to its lobby and common areas. The building is ideally situated next to walking trails, restaurants, hotels, retail shops, banks and residential neighborhoods. With 250,000 rentable square feet across five stories, this Class A office building offers on-site amenities, including a café, fitness center, 24/7 building access and high-speed cable and fiber services.
“Welcoming Foot Locker, Inc. to St. Petersburg underscores 570 Carillon’s preeminent position as a premier office space where high-profile organizations can grow and thrive,” says Andrew Wiener, head of commercial office leasing at The Feil Organization. “We continue to see prominent companies prioritizing Southwest Florida as an opportunity for both headquarters and satellite locations.”
Foot Locker, Inc. was represented by JLL. The Feil Organization was represented in-house and by CBRE.
The Feil Organization is a real estate investment, management and development firm based in New York City with over 70 years of expertise.
Foot Locker, Inc. is a leading footwear and apparel retailer with approximately 2,400 retail stores in 26 countries across North America, Europe, Asia, Australia and New Zealand, and a licensed store presence in Europe, the Middle East and Asia. Banners include Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos.
JLL, a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For more information, visit www.jll.com.
SOURCE: The Feil Organization, Foot Locker