TPA Group Wins Office Development of the Year Award

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TPA Group’s Lake Mary, Florida Project Takes Top Honor at Awards Gala

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“The TPA Group is continuing to expand into new markets,” said Rick Bradshaw, Principal of the TPA Group. “We pride ourselves on the quality and professionalism of our work and our organization.”

Today, Atlanta-based commercial real estate developer, TPA Group, announced that NAIOP Central Florida, the Commercial Real Estate Development Association recognized their Verizon Center for Excellence project as the ‘Office Development of the Year’.

NAIOP presented the accolade to TPA at an awards gala held on February 12th in Winter Park, Florida.

“We were thrilled to recognize TPA’s work in the region,” said Shannon Monteleone, Executive Director of NAIOP’s Central Florida Chapter. “The project encompasses a number of critical elements such as a commitment to environmental and energy saving features as well as employee well-being with patios and outdoor space.”

The $30 million, 220,000 sq. ft., four-story office building houses Verizon’s accounting and back office operations. Located 20 miles north of Orlando, the Center represents a capital investment of $50 million.

Verizon tapped TPA Group as the developer for this project based on the company’s large-scale master planned development experience, as well as past build-to-suit projects, which have provided international and regional headquarters for organizations such as the American Cancer Society, World Marketing Association, Sun Data, Traveler’s Insurance, Unisys, Union Camp, and GE Industrial Control Systems.

“The TPA Group is continuing to expand into new markets,” said Rick Bradshaw, Principal of the TPA Group. “We pride ourselves on the quality and professionalism of our work and our organization.”

“To be recognized by NAIOP is a huge honor and it validates all of the effort we have put into making our organization a world-class partner and provider of commercial real estate solutions.”

About the TPA Group
Formed through the merger of two of Atlanta’s most respected real estate firms and with a combined 135 years of experience, TPA Group is a private real estate investment, acquisitions, and development firm whose principals have acquired and developed in excess of 25 million square feet and 27,000 acres – all valued at more than $5 billion.

In recent news, TPA Group’s Stanton Springs development near Covington was selected by Baxter International for their new $1B Bio-Technology Center brining over 1500 new jobs to Georgia.

With a proven strategy that transcends the market cycle. TPA’s extensive relationships and fluency in real estate and capital markets ensure timely and informed decisions. Pairing the proven ability to anticipate critical market trends with a disciplined, methodical approach enables TPA to consistently find and seize new opportunities and deliver consistent, profitable outcomes.

As an operating or investment partner, TPA clients are assured of a relationship-focused team that demonstrates the highest standard of diligence, integrity, and execution. Each opportunity is approached with deliberate thought and an acute sense of urgency – never content to wait for the market, but instead managing the envisioned outcomes.

NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP comprises 15,000 members in North America. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit

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Shirar O'Connor
Conway PR & Marketing
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