1 & 2 ASI Way 2 Office Properties in Saint Petersburg, FL

CBRE Capital Markets, as exclusive advisor on behalf of Ownership, is pleased to offer for sale the 100% fee simple interest in 1 & 2 ASI Way (the “Property”, “Buildings”, or “Site”), an institutional quality, 241,310 SF office campus located in St. Petersburg, Florida. Situated on a 13-acre campus located one mile east of the Gandy Boulevard/Interstate 275 interchange in Pinellas County, this amenity-rich asset offers future occupiers the opportunity to acquire a modern and accessible workspace solution garnering MSA-wide connectivity. Originally developed in 2013 by Echelon Development, the Property is now owned by Progressive Corporation (“Progressive”).
1 & 2 ASI Way offers a premier corporate headquarters / workspace solution for either expanding businesses local to the region or businesses looking to plant their flag in Tampa Bay to benefit from the region’s robust economic fundamentals. Furthermore, given the Property’s convenient access to robust retail offerings and nearby employment hubs, the Site is an ideal candidate for multifamily development through the Senate Bill 102 (“Live Local” Act) entitlement process.