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Twinlab Consolidation Corporation Relocating Corporate Headquarters

Twinlab Consolidation Corporation Relocating Corporate Headquarters

by Cristina Goodwin | April 28, 2015

New York-based Twinlab Consolidation Corporation (TCC) announced that due to recent mergers and acquisitions, it will relocate its corporate headquarters to downtown St. Petersburg, FL, later this year. “Downtown St. Petersburg is a terrific location for our company, which is focused on health and wellness,” said TCC’s CEO Tom Tolworthy. “The weather, along with St. Petersburg’s waterfront location, promotes a dynamic, healthy lifestyle for which our products are known.”

Twinlab Headquarters
Twinlab Corporate Headquarters

St. Petersburg is a “walkable downtown” with hundreds of acres of city parks alongside the waterfront. TCC expects to bring 80 employees to the area through relocation from New York City, Grand Rapids and Utah; in addition, the company expects to hire locals as its staff.

“TCC is committed to supporting American jobs,” said Tolworthy. “St. Petersburg and the State of Florida provided a terrific business platform for the establishment of a corporate headquarters for what we believe will be a growing national and international business. In addition, this new office space will allow us the flexibility to expand the manufacturing footprint within our 165,000-square-foot manufacturing facility in American Fork, UT, where we proudly manufacture some of the best known brands in the industry, including Twinlab, Twinlab Fuel, Metabolife, Trigosamine, and Alvita teas.”

“We are thrilled that TCC has chosen First Center Tower, a 17-story, 250,000-square-foot office building, for their corporate headquarters,” stated Larry Feldman, CEO of Feldman Equities, one of the building’s owners. “We have been bullish on the downtown St. Pete market as evidenced by our purchase of three of its signature office buildings over the past few years. We welcome TCC in joining downtown St. Pete’s impressive revitalization.”

According to Feldman and the decision makers at TCC, downtown St. Petersburg has a higher quality of life than almost any other downtown in the state and is in proximity to seven museums, over 45 restaurants, a theater for the performing arts, a major league baseball stadium, soccer stadium and nearly a dozen marinas.

Late last year, a joint venture consisting of affiliates of Feldman Equities, Tower Realty Partners and Second City Real Estate acquired First Central Tower. The group intends to invest nearly $10 million dollars in building renovations and tenant improvements including a state of the art fitness center – a major draw for TCC.

For more information, visit www.tchhome.com.

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