TAMPA, FL-Wells Fargo Plaza, a 185,674-square-foot class A building in downtown St. Petersburg, has inked more than 23,500 square feet of office space over the past two months. The new deals include both new and existing tenants.

CNL Commercial Real Estate, an affiliate of CNL Financial Group, leases and manages the building, which was recently rebranded Wells Fargo Plaza. The building was previously known as Wachovia Plaza. Katie Trott, a vice president at CNL Commercial Real Estate, spearheads leasing of Wells Fargo Plaza.

“We are definitely starting to see an increase in activity,” Trott says. “For the last few years, there has been very little movement in the market, but companies have realized they can only sit on the sidelines for so long. They are beginning to look at relocating or expanding--and we are seeing this across all size and types of businesses.”