TAMPA, Fla., September 29, 2021 (GLOBE NEWSWIRE) – Kforce Inc., a solutions company specializing in technology and other professional staffing services, today announced that it has signed a lease for its new headquarters in Midtown Tampa. Kforce is proud to have honored their commitment to stay in Tampa. The company will occupy the fifth floor of Midtown West, one of four office buildings slated for the 22-acre, $ 500 million mixed-use development. The 10-year lease comes into effect in October 2022.
Kforce, one of the largest publicly traded companies in Tampa Bay, announced the sale of its Ybor headquarters in April. Its management team immediately began searching for a state-of-the-art space that aligns with its future hybrid work environment. Kforce has been operating remotely since March 2020, but signing the lease does not mean employees will be required to return to the office five days a week or on a regular rotational basis. Instead, Kforce takes a “casual office” approach where employees are encouraged to come to the office for better in-person interactions, such as team building, collaborating with clients, and training. Otherwise, Kforce intends its employees (Kforcers) to continue to work remotely, leveraging the technology and processes deployed by the Firm over the past 18 months, allowing them to build an optimal work-life balance. Kforcers’ workdays will move seamlessly between Midtown Tampa, their home offices, a coffee shop, or wherever their day takes them.
“Our new headquarters, and all that Midtown has to offer, really complements our casual approach to the office and the future of our business,” said Kforce President Joe Liberatore. “We are building a culture of flexibility and choice based on trust and technology. Midtown Tampa, located off Interstate 275 between downtown and Tampa International Airport, offers a host of amenities for Kforce employees. It is home to 11 restaurants, 13 retailers, a hotel, and Tampa Bay’s largest Whole Foods Market.
“We are delighted that Kforce has chosen Midtown West as their new headquarters,” said Dan Woodward, senior vice president and Tampa market leader for Highwoods Properties. “Kforce is a powerful addition to the region that further complements the diverse mix of leading national businesses, upscale retailers and local restaurants, and we look forward to seeing the additional momentum they bring to Midtown. “
Kforce was one of the first large employers in Tampa Bay to engage in a hybrid work environment after the COVID-19 pandemic forced many businesses to go remote overnight. “This vision comes directly from our people, who thrive with this new-found freedom,” said Liberatore. “We gave them the flexibility to design their best life, and they responded with a record year.”
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About Kforce Inc.
Kforce Inc. is a solutions company specializing in technology and other professional staffing services. Each year, we provide meaningful opportunities to more than 30,000 highly skilled professionals who work with approximately 3,000 clients, a significant majority of whom are Fortune 500. At Kforce, our promise is to deliver great results through strategic partnership and knowledge sharing. For more information, please visit our website at www.kforce.com.
Caution Regarding Forward-Looking Statements
All statements in this press release, other than those of a historical nature, are forward-looking statements, including, but not limited to, statements regarding the performance of technology-driven companies, age-old drivers of technology , the pace of digital transformation, the opportunity for the company to continue investing in its future growth, returning capital to its shareholders, including the intention and ability to declare and pay quarterly dividends, and the Company’s forecast for the third quarter of 2021. These forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as as amended. Factors that could cause actual results to differ materially include the following: business conditions, the rate of growth of temporary staff and the economy in general; competitive factors; risks due to variations in market demand; the ability to continue to function successfully in a predominantly remote working environment; a reduction in the supply of consultants and candidates or the firm’s ability to attract and retain such people; the Company’s success in attracting and retaining its management team and key operating employees; the impacts (direct and indirect) of COVID-19 on our business, our consultants and employees, and the economy in general; changes in the range of services; ability of the Company to repurchase shares; the occurrence of unforeseen expenses; the effect of adverse weather conditions; changes in our effective tax rate; changes in regulations, laws and government policies that impact our business and our ability to comply with them; the risk of contract performance, delays or termination or inability to obtain new assignments or contracts, or funding under contracts; changes in customer demand and our ability to adapt to such changes; our ability to continue to operate on government sponsored COVID-19 initiatives; the continuous performance and improvement of our business information systems; impacts of pending litigation or other legal matters, including risk factors and matters listed from time to time in firm reports filed with the Securities and Exchange Commission, including, but not limited to, the firm’s Form 10-K for the fiscal year ending December 31, 2020, together with the assumptions regarding the foregoing. The terms “should”, “believe”, “estimate”, “expect”, “intend”, “anticipate”, “foresee”, “plan” and similar expressions and their variations contained therein press release identify certain of these forward-looking statements, which speak only as of the date of this press release. Therefore, these forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Future events and actual results may differ materially from those indicated in forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and the Company does not undertake to update these forward-looking statements.
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