Tampa, FL

Convergent Capital Partners appoints CBRE exclusive leasing agent for Class A office property in Clearwater

Convergent Capital Partners announces plans to renovate and reposition 1901 Ulmerton Road

May 9, 2023

Aerial view of the 160,000-square-foot Class A office building located at 1901 Ulmerton Road in Clearwater, Florida

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Liz Kamper

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CBRE has been retained as the exclusive leasing agent for a 160,000-square-foot Class A office building located at 1901 Ulmerton Road in Clearwater, Fla. Convergent Capital Partners recently purchased the property from Mercury Insurance Co. who owned the property for the past 15 years.

“Convergent is excited to bring new capital improvements to the property that will make it one of the most attractive places to work in Tampa Bay. Being 15 minutes from a wide range of activities, we are thrilled to have this opportunity for a location that can provide employees the opportunity to enjoy all that St. Petersburg, Clearwater, and Tampa have to offer,” said Convergent Capital Partners CEO Santosh Govindaraju.

KC Tenukas, Kristin Kenney, and Nick Baldwin with CBRE will be marketing the iconic Class A office building for lease on behalf of Convergent Capital Partners. The property currently has approximately 100,000 square feet available for lease with spaces ranging from 1,200 square feet to 60,000 square feet of contiguous.

“Convergent Capital Partners acquired this property at a time when the surrounding area is undergoing revitalization efforts. Their plan to invest significant capital will help rejuvenate the property to attract new tenants, such as healthcare, financial services, law firms, and engineering firms looking for new headquarters space with views of both downtown Tampa and St. Petersburg,” CBRE Senior Vice President KC Tenukas.

The eight-story office building features a fitness center, on-site café, and parking garage. Ownership’s planned improvements for the building’s common areas includes an updated lobby, tenant café, building conference room and new fitness center.

It sits across the street from the new Top Golf and adjacent to Carillon Office Park, a local financial services hub. The property is located five minutes from St. Pete-Clearwater International Airport and has direct access to Interstate 275.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.