Ensure you lease the right medical office space by working with someone who specializes in this area. Find medical office space you and your team can grow in to. Read More
Make the process of finding office space easier by working with John, who will help you find a professional office space that perfectly meets your needs. Read More
Ready to sell your office space? John will use his resources and expertise to sell your office space quickly, while helping you get the best possible return on investment. Read More
If you are ready to sell your medical office space, John can assist. He will help you get your space on the market and make sure you get the best price possible for your property. Read More
Need help selling an investment property? John will sell your commercial property as quickly and smoothly as possible, while helping you attain the best possible deal for it. Read More
John would love to represent you through your next commercial real estate transaction. Whether you are buying or selling a property, John can assist you from start to finish. Read More
Do you want to know what the building down the road sold for? How about the average sales price per square foot price in your area? Subscribe to receive regular reports of this nature, and more!
By John Milsaps - April 1st 2021
How has office leasing activity changed during the pandemic? Lease renewals dominated the office leasing market activity last year with renewals accounting for 70% of it in 2020 vs 29% before COVID. 📌 According to a recent report, about 43% of the renewals in Q4 were 5 years or shorter in duration. Incentives and discounts are also playing a bigger role. In the hard-hit office market of New York, the gap between where office rent levels are and where they end up […]
By John Milsaps - April 1st 2021
As we make our way out of the COVID-induced market uncertainty, the office outlook continues to evolve. In January 2021 the total transaction volume was $18,136,300. There was a +58.4% increase YOY from $11,445,700 in JAN 2020. Out of the 13 sales transactions, there were 9 professional offices and 4 medical office sales. While the sales volume went up YOY, there were fewer transactions executed in JAN 2021 than in JAN 2020. The AVG $/SF increased +6.8% from $190 in […]
By John Milsaps - April 1st 2021
Employment trends have an impact on office demand. Analyzing office-using employment can reveal potential leasing trends & acquisition and disposition opportunities. Two major office-using sectors gained jobs over the year in January 2021. The Professional & Business Services sector saw an increase of +2,300 jobs, and the Financial Activities sector saw an increase of +1,700 jobs YOY. The Information sector has remained resilient and relatively stable. While there is a -4.4% decrease in the number of jobs YOY, there was […]
By John Milsaps - March 9th 2021
Employment trends have an impact on office demand. Analyzing office-using employment can reveal potential leasing trends & acquisition and disposition opportunities. There was consistent month-over-month growth in the Financial Activities and Professional & Bussiness Service sectors in the Tampa-St. Petersburg-Clearwater MSA from SEP-DEC. The Information sector remained unchanged from NOV-DEC, Considering the activity on the ground, I expect growth to continue in these sectors. INFORMATION SECTOR | JAN-DEC 2020 The Information sector has remained relatively stable since April only […]
John Milsaps has spent the past decade dedicated to his role as a commercial real estate professional who specializes in landlord representation and seller representation. Working as a senior advisor with SVN Coastal Commercial Advisors, he has consistently proven both his commitment to his clients, as well as his extensive knowledge of varying commercial space transactions. His familiarity and understanding of the Tampa bay business community only furthers his ability to connect business owners to the right strategic partners or buyers, whether local or nationwide....
Read More
(813)597-6600
