MIAMI—HealthPlan Services (HPS), a technology, sales, retention and administrative services provider for the insurance and managed care markets, is expanding its offices in Tampa. The project will create more than 1,000 jobs and result in a $34.4 million capital investment in Hillsborough County.

“In our search to determine where HPS would expand, we evaluated several states that had strong attributes,” says Jeff Bak, HPS president and CEO. The new project includes a new state-of-the-art 95,689-square-foot facility.

Chad Rupp, managing director of Jones Lang LaSalle's Central Florida business, represented HPS in the office expansion with JLL's Anne-Marie Woessner-Collins, who structured the tenant's economic incentive package in collaboration with the local and state government. Mercedes Angell and Jeff Lanning of Cushman & Wakefield represented the property's owner, Penn-Florida. Financial terms of the lease were not disclosed.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.