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Tampa Office Sales Comps

Office Space Sold | NOV 2019

In November, there were 19 medical and professional office sales transactions executed in the Hillsborough County/Tampa area*: Total Transaction Volume: ~ $26,117,800 AVG Sale Price: Professional: $1,362,282 | Medical: $1,479,500 The AVG Price/SF: Professional: $183.21 | Medical: $270.40 The largest deal of the month was in Tampa: By Sales Price, $/SF:  $10.7 M for $121.73/SF at 405 N REO ST in ...

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Tampa Office Sales Comps

Office Space Sold | OCT 2019

In October, there were 12 medical and professional office sales transactions executed in the Hillsborough County/Tampa area*: Total Transaction Volume was approximately $17,428,700 AVG Sale Price: Professional: $1,918,463 Medical: $2,081,000 The AVG Price/SF: Professional Office: $318.73 Medical $161.39 The largest deal of the month was in Tampa: By Sales Price, $/SF:  $8.42 M consisting of 6,000...

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Tampa Office Sales Comps

Office Space Sold | SEP 2019

In September, there were 12 office sales transactions executed in the Hillsborough County/Tampa area*: Total Transaction Volume was approximately $21,659,500 AVG Sale Price: Professional: $1,860,500 Medical: $1,638,333 The AVG Price/SF: Professional Office: $204.86 Medical $183.64 The largest deal of the month was in Tampa: By Sales Price, $/SF:  $10.5 M consisting of 45,484 SF By $/SF: $400 pe...

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Top 10 Most Dynamic Cities in the USA

When looking for office space, it’s essential to consider a city’s growth along with its quality of life, cost of living, and upside. A recent survey just named the Top 10 Most Dynamic Cities in the USA. Nationally, Tampa came in at #15 in Mid-Size Cities, #15 in Rise in Movers from Outside the City and #31 Overall. It also ranked 10th in Rise in Job Opportunities. Pretty good! The ran...

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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 destin...

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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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