Investment Bank PEI Global Partners Doubles Presence at Water Street Tampa


May 21, 2024



Water Street’s Thousand & One offers space and platform for growth in Florida

Tampa, FL – May 21, 2024 – Strategic Property Partners, LCC (“SPP”), today announced a significant expansion and lease extension with PEI Global Partners (PEI) at Water Street Tampa. PEI, an investment bank specializing in power, energy and infrastructure, will relocate from its current space within Thousand & One, Water Street’s prestigious WELL Gold-certified office tower, to an expanded suite on the eleventh floor. This move will nearly double its footprint to 4,280 square feet, reflecting PEI’s commitment to growth in Florida.

Thousand & One is renowned for its wellness-based design and unparalleled work environment within the walkable, amenity-filled neighborhood of Water Street Tampa. The building is already home to a number of financial service tenants including Baird Private Wealth Management, Citadel, Northern Trust Corporation, Synovus Financial Corporation and Weatherford Capital.

“This strategic expansion within Thousand & One not only reaffirms our commitment to serving the fast-growing Florida market but also positions PEI to attract top-tier talent,” said Kevin Phillips, Managing Partner of PEI. We look forward to the opportunities that this expansion brings and to further strengthening our position as a global leader in our industry. We are grateful for the efforts of ASD Sky, iConstructors, Wilson & Girgenti, Cushman & Wakefield and Oxford Design Studio for creating an invigorating work environment for our team.”

“The Tampa area has long been home to a thriving financial and professional services sector, and we expect this industry to experience steady growth over the next five years,” said Joe Lopano, chair of the Tampa Bay Economic Development Council, and CEO of Tampa International Airport. “We’re delighted PEI Global has found success in Tampa and sees our community as a place it wants to further expand its workforce.”

Thousand & One is expertly and intentionally designed to boost well-being and productivity by connecting tenants to nature and offering an unprecedented collection of amenities, including a shared rooftop terrace with open-air conference room, private landscaped terraces, employee fitness center and town hall meeting space. At the street level, the building features a landscaped plaza with public art, water features and seating areas, and several ground-floor retailers, including Naked Farmer, Predalina and Boulon Brasserie and Bakery.

Global commercial real estate services firm Cushman & Wakefield is exclusively handling leasing efforts for Thousand & One. For more information, please visit www.waterstreettampa.com.

About Strategic Property Partners

Strategic Property Partners, LLC (“SPP”) is a full-service real estate developer, owner and operator focused on the creation of high-quality, experiential places through world-class execution and innovation. SPP’s projects currently include Water Street Tampa and developments in historic Charleston, South Carolina. For more information on Water Street Tampa, visit www.waterstreettampa.com.

About PEI Global Partners
PEI Global Partners Holdings LLC (“PEI”) is an independent, closely held investment bank with offices in Tampa and New York City specializing in the power, energy, and infrastructure sectors. PEI advises financial sponsors, developers and corporate clients on mergers and acquisitions, divestitures, financings, private placements, and other strategic transactions. Since its inception in 2022, PEI has completed over 30 transactions totaling over $10 billion for owners and developers of renewable and thermal power. PEI conducts securities transactions through its wholly owned broker-dealer subsidiary PEI Global Partners LLC, which is regulated by the Financial Industry Regulatory Authority (“FINRA”), the Securities and Exchange Commission (“SEC”), the New York State Department of Financial Services and the Florida Office of Financial Regulation. For more information on PEI, please visit www.peigp.com.

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