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Philip Morris USA Leases 56,191 SF Office Space From Highwoods Properties In Tampa

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LEASED

Florida

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Office56,191 SF
Leased 02/05/2026
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LEASED

Philip Morris USA Leases 56,191 SF Office Space From Highwoods Properties In Tampa

5426 Bay Center Drive

See Similar Deals
Office56,191 SF
Leased 02/05/2026
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:56,191 SF
Transaction Type:Lease

The property asset involved in this transaction is an office space located at 5426 Bay Center Drive in Tampa. The total square footage of the asset is 56,191 square feet and was leased as a Full Service Gross lease type. The landlord for this property is Highwoods Properties.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 5426 Bay Center Drive
  • Market: Tampa
  • Landlord: Highwoods Properties
  • Tenant: Philip Morris USA
  • Landlord's Representative: Lauren Coup & Bradley Heeter - Highwoods Properties
  • Tenant's Representative: Caleb Lewis - JLL

The deal was facilitated with Philip Morris establishing a new business solutions center in Tampa. In the lease negotiations, Caleb Lewis represented the tenant, Philip Morris USA, while Lauren Coup and Bradley Heeter represented the landlord, Highwoods Properties. This arrangement reflects the collaborative efforts involved in securing the lease for the office space.

Players

Lauren Coup
2 deals(813) 997-8811
BROKER



Highwoods Properties
LANDLORD

Details

LEASED
IMAGE: Caleb Lewis, Lauren Coup & Bradley Heeter DATE: 02/05/2026 ADDRESS: 5426 Bay Center Drive MARKET: Tampa ASSET TYPE: Office ~ SF: 56,191 LANDLORD: Highwoods Properties TENANT: Philip Morris USA LANDLORD'S REP: Lauren Coup & Bradley Heeter (@BradHeet15) - Highwoods Properties (@HighwoodsProperties) TENANT'S REP: Caleb Lewis - JLL (@JLL) LEASE TYPE: Full Service Gross NOTE FROM TENANT'S REP: Philip Morris is opening a new business solutions center in Tampa to support its U.S. operations, signing a 56,191 SF lease at Highwoods Bay Center. Philip Morris was represented in the lease negotiations by Caleb Lewis of JLL, while Lauren Coup and Brad Heeter represented the landlord, Highwoods Properties.

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Deal Type
Effective Rent (Annual)

$3,220,834.21

Total Lease Value

$32,208,342.12

Net Landlord Cash Flow$3,220,834.21