Office Leasing Activity February 2021 by John Milsaps

Office Leasing Activity | FEB 2021

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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...
Tampa Office Sales Comps JAN 2021 by John Milsaps

Tampa Office Sales Comps & Report | DEC 2020 – JAN 2021

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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...
Office-using employment update Feb 2021 by John Milsaps

Office-Using Employment Update FEB 2021 | Tampa-St. Petersburg-Clearwater, FL

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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...