Tampa’s Office Market: Growing, Changin...
The Tampa office market is buzzing with activity! With 2024 coming to a close, I have some end-of-year thoughts to share with you for insights into the market’s evolving landscape. In Tampa, two major submarkets stand out: Westshore and Downtown Tampa. These areas are of particular interest because they’re right in the middle of everything, offering shiny new office buildings and a broad s...
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Eco-Incentives for Florida Office Buildin...
The green movement in Florida is guiding professional and medical office building owners toward sustainability. Understanding green incentives is vital considering increasing prices, escalating environmental concerns, and an overall preference for green buildings. This resource examines federal, state, Hillsborough County, and Tampa Electric incentives for green commercial real estate. Fede...
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Hillsborough County Office Sales Year in ...
As a seasoned commercial real estate broker, I’ve had the privilege of witnessing the dynamic changes in the Tampa Bay area, especially in Hillsborough County. In this post, I want to share with you a topline analysis of the 2023 office building sales data, focusing on Hillsborough County’s key cities like Brandon, Tampa, Riverview, Valrico, Odessa, and others. I hope this post helps y...
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Navigating the Tampa Office Market: Trend...
As a Tampa commercial real estate broker who works with landlords and sellers of office and medical buildings, I need to know about current market trends and basic financial concepts so I can advise clients properly to make smart choices. In conducting my research for this update, I came across multiple sources, including the latest study (12/5/23) on the Tampa office market from CoStar which goes...
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Keeping Florida Office Buildings Safe: Wh...
It can be challenging for Florida office building owners to keep their buildings safe, especially when the time changes to Daylight Savings Time. As the days get shorter and it gets darker earlier, people who leave their offices late may be more vulnerable to security risks. It is critical for the safety of your tenants, your protection as a landlord, and the reputation of your property that the b...
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How to Optimize Tenant Retention: The Top...
Office tenant retention is more important than ever. Companies are in the midst of adjusting to a new normal, developing hybrid work policies, and looking for ways to attract employees back to the office. A big component of their process includes using their physical office space as part of their back-to-the-office incentive. To be successful, office property owners must have a strategy in place t...
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How Office Property Owner/Occupiers Can B...
Did you know that professional and medical office owner-occupiers can increase their liquidity, improve their balance sheet, gain tax benefits, and stay in their current office space through a sale-leaseback? Business owners and professionals are experiencing one of the biggest challenges they have faced in their lifetime. High interest rates are keeping property owners trapped in properties they ...
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Accountants: What is A Sale-Leaseback �...
Did you know that professional office owner-occupiers can increase their liquidity, improve their balance sheet, gain tax benefits, and stay in their current office space through a sale-leaseback? Business owners and professionals are experiencing one of the biggest challenges they have faced in their lifetime. High interest rates are keeping property owners trapped in properties they may want or ...
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Weathering the Storm: Crafting a Hurrican...
Being in the commercial real estate business for over 17+ years, I’ve learned that preparation is key to success, especially in Tampa where a hurricane hit is not a matter of “if” but “when.” As a commercial real estate broker that specializes in office, the majority of the clients I work with not only want to maximize their income, but they also wish to gain more control over their ...
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Tampa’s Booming Commercial Market &...
I know the Tampa office market. In the past 17 years, I’ve successfully guided hundreds of landlords, office owners, and medical real estate investors through the dynamic Tampa Bay commercial market. What I’ve learned is that while investors buy commercial property for passive income, ownership should be anything but passive. A successful property requires attention, understanding, and a...
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3 Ways Office Property Owners Can Maximiz...
Utility rates are going up, and so are the number of companies interested in energy-efficient office buildings. In Tampa, regulators recently approved a Tampa Electric (TECO) rate hike that took effect in April of this year. Residential monthly energy bills are set to increase by about 10% because of the measure, while commercial and industrial customers will experience increases between 5% and ...
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Tampa Office Sales Comps & Report | ...
Find out what properties like yours are selling for. Check out my latest Tampa Office Sales Comps Report. In OCT of this year, the total office sales volume was $88,950,000 versus $71,617,900 in OCT 2020 There was a total of 26 transactions in AUG 2021: 21 professional office properties, and 5 medical office properties. Get all the details to see how the latest sales comps and activity could...
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