Downtown St. Pete's tallest office tower, 200 Central, sells to local group
/The tallest office building in Pinellas County has changed hands.
Feldman Equities and its partners have acquired 200 Central Avenue, the 28-story office tower at the corner of Central Avenue and 2nd Street in downtown St. Petersburg.
Financial terms of the transaction were not disclosed.
The Tampa Bay-based commercial real estate firm announced the acquisition Wednesday and said it plans to invest more than $20 million into upgrades and improvements throughout the building.
The tower was previously owned by Third Lake Capital, a Tampa-based investment advisory firm, which purchased the property for $65.75 million in 2017, according to Pinellas County property records.
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