Bay Food Brokerage, a Tampa-based retail food brokerage company serving the Southeast, has purchased an office building in Tampa’s Westshore Business District for $4.3 million.
At 11,975 square feet, the two-story property, at 5201 W Laurel Street, will nearly double the size of Bay Food’s existing office space on Memorial Highway.
“We’ve been on a fairly steep growth trajectory for the past decade, and it was time to upgrade the size, location and amenities of our headquarters,” said Chris Chatterton, executive vice president of Bay Food Brokerage. “Our rapid growth, in recent years – in terms of revenue and employees – prompted a need for space that’s comfortable for our team and also can support our growth into the future.”
“Chris and I are thrilled to be working with Wehr Construction and David Judd’s team on the renovation of the new building. The plan is to be moved in, with a grand opening of the new building, at the end of March 2025,” says Cammie Chatterton, president and chief executive officer.
Bay Food Brokerage will renovate the new building, making cosmetic and floorplan updates such as interior and exterior paint, new flooring and adding offices. Bay Food currently owns three buildings, totaling approximately 7,000 square feet, on Memorial Highway, in Tampa. After relocating to the new property, Bay Food will explore leasing or selling the current space. The company also has an office location in Lake Wylie, South Carolina.