American Integrity Insurance Signs 75 KSF HQ Lease
The company is slated to relocate to the Tampa office building in 2026.
Florida-based property insurance company American Integrity Insurance has signed a 75,000-square-foot lease at GEM Realty Capital and IP Capital Partners’ Bayport Plaza, in Tampa, Fla. The new office space is set to become the company’s headquarters, with move-in scheduled for early 2026. American Integrity will occupy three floors and is set to become the first tenant to secure building-top signage.
Stream Realty Partners represented the tenant in the lease transaction, while CBRE worked on behalf of the ownership.
The 264,718-square-foot Bayport Plaza has been under GEM Realty Capital and IP Capital Partners’ ownership since 2019. The companies acquired it from UBS Group AG in a $235.8 million portfolio transaction that included the adjacent 444-room hotel Grand Hyatt Tampa Bay, according to CommercialEdge information. The two buildings are directly connected.
Tampa’s Bayport Plaza
Completed in 1985, Bayport Plaza is an 11-story office building located at 3000 Bayport Drive, on a 15-acre site. Amenities at the LEED-certified property include covered parking, on-site café and bar, as well as newly renovated lobby and terrace. The tenant roster features Ryan Specialty Group, Besnard Insurance, Paycor, Boeing Co., USC Consulting Group LP and Milliman, the same data provider shows.
The office building is just off Florida State Road 589, across the road from Tampa International Airport. Downtown Tampa is some 8 miles east of the property.
Stream Realty Partners Executive Managing Director Gary Godsey led the team representing American Integrity, while CBRE Senior Vice Presidents Barry Hanerfeld and KC Tenukas represented the ownership in the deal signing.
As of February, Tampa’s office vacancy rate was 15.8 percent, lower than the national average of 19.7 percent, according to a recent CommercialEdge report. Nationally, full-service equivalent listing rates averaged $33.38 per square foot, reflecting a 5.8 percent increase from the previous year, while Tampa’s rates stood at $30.23 per square foot.
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