Tampa Named One of the Greenest US Cities

According to a recent study by Highrises that looked at the country’s 50 most populous cities or Metropolitan Statistical Areas known as MSAs, Tampa is the second greenest city in Florida and the 11th greenest in the USA. The study considered the MSAs with the most workers over 16, ranking them with a weighted formula that looked at six sustainability metrics. These factors were: % of Commu...

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Tampa is Growing

  There is no doubt about it, Tampa is booming in a variety of ways, including population growth, relocations, and labor force. With a low cost of living, the metro is attracting a growing population of families, millennials, and talent from across the country. Tampa is leading in both job and population growth rates to surpass their corresponding national averages. The city has also become a...

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Tampa Office Sales Comps

Office Space Sold | AUG 2019

In Aug, there were 21 office sales transactions executed: Total Transaction Volume was approximately $120,458,500 AVG Sale Price  Professional: $6,674,333 Medical: $3,390,583 The AVG Price/SF Professional Office: $177.77 Medical: $203 The largest deal of the month was in Tampa: By Sales Price, $/SF:  $80M consisting of 262,369 SF at $304.91 /SF situated on 14.68 acres   For a custom marke...

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Office Space Sold | JULY 2019

During the month of July, there were 20 office property sales transactions executed in Tampa, Florida (Hillsborough County). Total Transaction Volume was approximately $ 252,231,000 The Average Sale Price was $ 13,275,316 The Average Price per Square Foot was $325.36 / SF   The largest deals of the month were: By Sales Price:  $106,000,000 in Tampa consisting of 268,924 square feet situated...

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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...

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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 ...

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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...

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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...

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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.  

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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...

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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...

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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...

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