Amazon’s 6 Million+ SF Footprint in Tampa…What does it mean to office property investors?

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While a lot has changed over the last few months, one thing hasn’t–and that’s Tampa’s continuing growth, national visibility, and strategic importance. One of the many companies that are making major moves in the Tampa area is Amazon. The retail behemoth...

Office Property Sales & Trends | May – June 2020

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A look at macro and micro trends including my monthly Tampa Office Sales Comps Report The Big Picture As we move into the second half of this unprecedented year, more companies are starting to make decisions and moves to accommodate the new workplace reality. Just this week,...

Tampa Office Sales Comps & Report | APRIL – MAY 2020

Resilience is the new “normal”. COVID-19 has presented challenges for everyone, including office property owners. We’re living through extraordinary times, but while circumstances are changing daily, we can navigate these difficulties by looking at data, tracking evolving market...
Office Market Mid-Year Executive Update

The Exodus That Never Was…Or, Is It Yet to Come?

Office Market Mid-Year Executive Update As we move into the second half of the year, and the second wave of COVID-19, office property investors are standing by to see how the pandemic affects the office market. While many feared the dramatic exodus from office to remote work that...

Tampa MSA Unemployment Update for May

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The Tampa-St. Petersburg-Clearwater area unemployment numbers are out. Here’s a snapshot of what took shape in May: The unemployment rate in our area decreased month-over-month from 13.2% to 13.1%, potentially benefitting slightly from the beginning of the business and...

Getting Back to The Office: Preparing Buildings for Re-Entry Post COVID-19

The COVID-19 pandemic hit the United States like a ton of bricks. The hardest hit cities closed down for months with many local governments imposing stay-at-home and shelter-in-place orders. Non-essential office workers were asked to work from home leaving empty buildings across...
finance for commercial real estate

How Medical Office Property Owner/Occupiers Can Benefit From Sale-Leasebacks

In these challenging times when demands on the healthcare industry are higher than ever, some medical professionals and practices may need access to funds. If you own your commercial property, a sale-leaseback may be just what the doctor ordered. A sale-leaseback is when a...

What Now? An Open Letter to Tampa Office Property Owners

Over the last few years, we’ve been enjoying a boom in the commercial real estate markets, and here in Tampa, the benefits of a strong and rapidly flourishing economy. In the midst of this bustling economy and strong growth for office property owners, we were blindsided by...
Tampa Office Sales Comps

Office Space Sold | DEC 2019

In December, there were 24 medical and professional office sales transactions executed in the Hillsborough County/Tampa area*:  Total Transaction Volume was approximately $25,895,400 AVG Sale Price:Professional: $1,119,359 | Medical: $634,750 The AVG Price/SF:Professional Office:...

The Working Remotely Trend…Will It Stick?

With so many office workers working from home, will the remote-work trend stick? Before coronavirus, the remote work trend had yet to take off in force. Early adapters like IBM who pioneered the remote work movement ended up reversing their policies calling workers back to the...