Sold Office Space

Office Space Comps | JUNE 2019

During the month of June, there were 13 office property sales transactions executed in Tampa, Florida (Hillsborough County). Total Transaction Volume was approximately $66,800,100 The Average Sale Price was $5,138,469 The Average Price per Square Foot was $219.73 / SF The largest deals of the month were: By Sales Price:  $52,050,000 in Tampa consisting of 300,092 square feet situated on 226,103 a...

Continue Reading

The Future of Work & Office Space

Freelancers are changing the office market landscape.  While there are many trends affecting the office market across the country, the increase in freelancers and independent workers stands out, especially for office property investors, and it’s time to take notice.  The Facts According to a study conducted by Upwork, 73% of all teams will have remote workers by 2028.  Millennial & Gen Z ...

Continue Reading
Sold Office Space

Office Space Sold May 2019

During the month of May, there were 35 office property sales transactions executed in the Tampa Bay area. Total Transaction Volume was approximately $76,150,400 The Average Sale Price was $2,175,726 The Average Price per Square Foot was $190.15 The largest deals of the month were: By Sales Price:  $53,313,000 in Tampa consisting of 300,092 square feet situated on 12.52 acres. By Square Feet:  30...

Continue Reading
Sold Office Space

Office Space Sold in April 2019

During the month of April, there were 44 office property sales transactions executed in the Tampa Bay area, including Hillsborough and Pinellas County, Florida.  Pasco County sales for 2019 were not yet available at the time of this report. Total Transaction Volume was approximately $28,866,157 The Average Sale Price was $656,049 The Average Price per Square Foot was $174.76   The largest de...

Continue Reading

John on The CRE Investor Show

John joins host Vctoria Rossi on The CRE Investor Show for a conversation on the latest developments in the Tampa office market and how they will impact property values. Listen to the full interview below.  

Continue Reading
Sold Office Space

Office Space Sold in March 2019

During the month of March, there were 32 office property sales transactions executed in the Tampa Bay area, including Hillsborough and Pinellas County, Florida. Pasco County sales for 2019 were not yet available at the time of this report. Total Transaction Volume was approximately $90,670,500 The Average Sale Price was $2,833,453 The Average Price per Square Foot was $174.54   The largest de...

Continue Reading
Sold Office Space

Office Space Sold in February 2019

During the month of February, 81,835 square feet were sold, in Hillsbrough and Pinellas counties. Pasco County sales were not yet available. Total Transaction Volume was $18,647,337 The Average Sale Price was $717,205 and the Average Price per Square Foot was $219.37   The largest deals of the month were: By Sales Price: $2,838,198 in Palm Harbor for one building consisting of 8,236 square fe...

Continue Reading

How Healthcare Owner/Occupiers Can Levera...

From staying abreast of the latest innovations in your field and patient care to keeping costs in check and insurance, as a healthcare practitioner, you have a lot on your plate. In addition to being a medical or dental professional, you are also an entrepreneur who may want to grow or invest in your business, acquire new equipment, hire more support, or expand with a new office in an underserved...

Continue Reading
Tampa skyline

Tapping Tampa’s Potential & What I...

It wasn’t long ago that people, talent, investors, and companies were leaving Tampa in droves to find better opportunity elsewhere. All that has changed. In recent years, the city has refocused its growth and economic development strategy and reorganized to begin restructuring and rebuilding the city…and the new strategy is working. The Tampa Bay area is shifting into high gear redefining ...

Continue Reading
Sold Office Space

Office Space Sold in January, 2019

Sales activity decreased month over month in the Tri-county area (Hillsborough, Pinellas, Pasco) with 24 transactions recorded in January 2019, down from 48 in the last month of 2018.  Deals totaled 506,184sf of office space and the Average Transaction Value for the month was $2,322,900 while the Average Price per Square Foot was $182.00. Sales volume for the month was $58,072,500.  The largest ...

Continue Reading
types of office space

Commercial Office Space 101 for Lessees

Whether you’re considering buying commercial office space as an investment, leasing it for your own use, or putting it on the market to attract the right tenant, having a basic understanding of it will surely benefit you.  Particularly in the leasing process, understanding everything from the different types of office space to what costs are truly involved in leasing it, and everything in betwe...

Continue Reading
commercial real estate specialist

3 Workplace & Office Trends & H...

The workforce and workplace are evolving. Business owners, office market investors, and property owners are encountering population, demographic, and labor force shifts that are altering the workforce and thus workplace environment. To remain competitive as a workplace and office property, business and property owners can adapt to these market trends without making big investments. Let’s take a ...

Continue Reading