Eola Capital Signs University to 81,500-SF Lease in Tampa

Eola Capital, an Orlando-based real-estate investment company, has agreed to an 81,500-square-foot, 10-year lease at Tampa’s  Sabal Corporate Center with the Ft. Lauderdale-based Nova Southeastern University. The three-story, suburban office building located in Tampa will serve as the new location for NSU’s Tampa Student Educational Center. NSU has other Student Educational Centers in Miami, West Palm Beach, Orlando, Jacksonville and Ft. Myers.Jamie Puddicombe of Palmaple Corp. represented the tenant in the acquisition of the space.Nova Southeastern University currently leases 41,000 square feet of office space in Eola Capital’s Sabal Park Plaza building. The new space will double the university’s Tampa operations.The Sabal Corporate Center is a Class A office located at 3632 Queen Palm Drive. The building will be 100 percent occupied with the new contract. Eola Capital plans to make various improvements to the space prior to contract commencement in the first quarter of 2009.