Quality Distribution, Inc. to occupy 45,000 sf at Grand Central.

Mercury Advisors announced today that one of the first large corporate headquarters to locate in the Channel District, Quality Distribution, Inc. (QDI), has signed a 10-year, 45,000 sf ground floor lease at Grand Central at Kennedy.

QDI is a global leader in liquid bulk transportation, logistics and depot services and is a critical provider for many of the Fortune 500 companies including Procter & Gamble, Dow Chemical Company and PPG Industries. The company is relocating its corporate headquarters from 4041 Park Oaks Blvd. in Tampa to Grand Central at Kennedy early in the fourth quarter of 2017, initially bringing approximately 250 employees to this location.

“Quality Distribution’s move to Grand Central in the Channel District is not only a gain for Tampa’s Downtown but for all of Tampa,” said Tampa Mayor Bob Buckhorn. “This relocation is just another sign of Tampa’s renaissance and our ability to attract businesses that provide high-paying jobs for our ever growing city.”

Mercury Advisors’ directors, Ken Stoltenberg and Frank Bombeeck, said the space leased by QDI is located at 1208 E. Kennedy Blvd. “This transaction is the largest downtown office lease deal so far in 2017,” said Stoltenberg. “We’re thrilled to welcome QDI to Grand Central at Kennedy and the rapidly developing Channel District in Downtown Tampa.”

The premiere urban location already boasts a vibrant, walkable retail neighborhood including restaurants, hair salon, dry cleaners, pub, plus Grand Central at Kennedy condominium, where only 11 residences remain for sale. A Publix Super Market is now under construction adjacent to Grand Central at Kennedy.

“We started researching relocation opportunities over a year ago and were keenly aware of the growth prospects and potential of the downtown Channel District,” said QDI executives Gary Enzor, CEO and Joe Troy, CFO. “After an exhaustive review of the Tampa Bay area, we landed on Grand Central at Kennedy as an ideal location for us and our employees, who will be in the heart of the Channel District in a truly walkable neighborhood with an array of amenities just steps from our office doors.”

Bank of the Ozarks is financing the QDI buildout at Grand Central. The lease transaction was brokered by David Green, JLL for QDI and Avison & Young, Trey Carswell for Mercury Advisors.