World's Largest Food, Beverage Company To Relocate To Midtown Tampa

TAMPA, FL — Multinational company Nestle will relocate its Tampa headquarters to the Midtown West office tower at Midtown Tampa, Highwoods Properties and Bromley Companies announced this week.

Nestle will move from its downtown Tampa location into Midtown West, an eight-story, 152,000-square-foot Class A office building and Midtown’s first office tower. The move will put Nestle closer to Tampa International Airport and the state's interstate system.

The Midtown West office building, expected to be completed in early 2025, and The Loft at Midtown Tampa are already 98 percent leased.

Dan Woodward, senior vice president and Tampa market leader at Highwoods Properties, said Nestle’s investment in Midtown Tampa reflects a larger trend of international companies expanding into the Tampa Bay area.

In addition Swiss-based Nestle, the global tenant roster at Midtown Tampa includes Austria-based RHI Magnesita, UK-based Savills and Netherlands-based Randstad.

While headquartered in the U.S., Prudential, Primo Water and Greystar are among the development’s tenants with international footprints.

“Midtown Tampa’s central location, proximity to major transit hubs, incredible visibility and desirable on-site amenities has continued to attract forward-thinking customers, from global corporations to local businesses,” said Nicholas Haines, CEO of Bromley Companies.

“The office spaces that are flourishing offer convenience, unique experiences and a sense of community, which is something we’re proud to have built across the development. As live-work-play environments continue to outperform in the office sector, we’re excited to be at the helm and to welcome tenants like Nestle to our community,” said Woodward.

Nestle plans to open its new sales office at Midtown West later this year. Headquartered in Switzerland, the multinational company employs more than 275,000 people worldwide, with around 30,000 based in the United States.

Situated in Westshore, Midtown West’s prime location boasts immediate access to I-275 and a short seven-minute drive to Tampa International Airport.

Midtown West offers collaborative common spaces, first- and second-floor lobbies and access to all of the mixed-use development’s amenities. The building is LEED Silver and Fitwel certified and incorporates sustainable features like energy management systems, high-efficiency HVAC drives and water-conserving fixtures.

"Midtown Tampa offers tenants a convenient, central location with world-class office space and unique amenities that are appealing to employees,” said Craig J. Richard, president and CEO of the Tampa Bay Economic Development Council. “Tampa’s profile is rising nationally and internationally, and we see that reflected in the mix of retailers and office tenants that the Midtown Tampa team has been able to attract. We’re delighted to see that Nestle is continuing its commitment to the Tampa area.”

Haines said this week's announcement by Nestle furthers the momentum underway at Midtown Tampa.

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Midtown East, an 18-floor, 430,000-square-foot Class A office building within the development, broke ground in January. Once complete in 2025, Bromley and Highwoods will jointly own 143,000 square feet of the tower, consisting of five floors of office (floors 10 through 15) andground-levell retail. The remaining 11 floors of Midtown East will serve as the future headquarters of Tampa Electric and Peoples Gas.

Comprising roughly 23 acres, the $1-billion Midtown Tampa development created a new residential and commercial district in the Westshore Business District. The development is master planned for more than 700,000 square feet of office space, 390 rental apartments, 225 hotel rooms and 185,000 square feet of retail space.

Midtown Tampa also includes a Midtown Commons public space, a dog park and a 3-acre lake and recreational trail open to the public. Within the completely walkable neighborhood are national retailers and restaurants including REI, Sephora, Shake Shack, True Foods Kitchen and Whole Foods.