Highwoods Properties And Bromley Companies Secure $55.7 Million Loan For Midtown East Office Tower In Tampa

The property asset involved is an 18-story office tower located at 3600 Midtown Drive in Tampa, FL, with a total square footage of 143,354. The tower is owned by a joint venture between Highwoods Properties and Bromley Companies. The total loan amount secured for this property is $55,700,000 from Valley Bank.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $55,700,000
• Address: 3600 Midtown Drive
• Market: Tampa, FL
• Asset Size: 143,354 SF
• Lender: Valley Bank
• Landlords: Ted Klinck - Highwoods Properties; Nicholas Haines - Bromley Companies
• Brokers: Evan Pariser, Lee Weaver, Matthew Casey & Ed Coco - JLL

The deal was facilitated by JLL Capital Markets, which arranged the loan from Valley Bank. The property achieved 100% leased occupancy less than one year after its completion in 2025, with tenants including Tampa Electric Company, which occupies 11 floors for its corporate headquarters.