Office Space Update for December

3 Things Office Building Owners Should Do...

For those of you that didn’t read my blog post in my last e-newsletter, here is a link. It’s a good pre-curser to this post! With 2018 almost in the rearview, it’s time to look forward to 2019. If you’ve read last month’s post, you’ve already gotten a sense of leases that are coming due, made repairs, gotten in touch with your tenants, checked your expenses, considered a refresh, and e...

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Office Space Sold in October, 2018

Sales activity doubled month over month in the Tri-county area (Hillsborough, Pinellas, Pasco) with 51 transactions recorded in October, up from 26 the month before.  Deals totaled 291,148sf of office space and the Average Transaction Value for the month was $1,264,886 while the Average Price per Square Foot increased to $337.73. Sales volume for the month was $64,509,200, representing a mont...

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Office space

5 Things Commercial Office Property Owner...

As a commercial and medical office property owner, you have a lot on your plate. Many of you run your own practice or business in addition to owning the property and let’s face it, you don’t get a lot of time to take care of all of the little things that sometimes need done. Now is the perfect time to take stock and start checking things off in preparation for a clean-slate and a great start t...

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commercial office space

How to Make Your Commercial Office Space ...

Owning a commercial office space is a great investment.  It offers incredible returns to the owner, particularly if they have quality tenants who want to stay put in the space and are willing to commit to longer lease terms.  That being said, if you want to attract the right tenant, your space better be able to keep up with the fierce competition that’s always out in the commercial market.  R...

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office space size in tampa fl

What Makes a Great Office Space in Tampa?

What makes any space great is certainly a subjective concept.  What one person finds amazing, another may find bland, boring, or outrageous.  True as that may be, there are certain questions that you will want to ask to determine what type of office space is ideal for you, whether you are considering it as an investment property or for the home of your business.  Office space in Tampa and the s...

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Office Space Sold in September, 2018

Sales activity remained strong in the Tri-county area (Hillsborough, Pinellas, Pasco) with 26 transactions recorded totaling 443,678sf of office space in the month of September. The Average Transaction Value for the month was $1,968,631 while the Average Price per Square Foot was $175.15. Sales volume for the month was $51,184,400, representing a month-over-month increase of approximately 11% over...

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upgrade your medical office space with artwork

Easy Upgrades to Improve the Feel of Your...

We’ve all been to that medical office space that makes us feel as though we’ve been transported back in time.  From tacky wallpaper to outdated art, it’s as though nothing has changed since the day the office opened its doors.  The last thing your patients want is to walk into an office that feels like it’s stuck in decades past.  Not only does it create a sense of disconnection from re...

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Retain tenants by taking care of maintenance problems

How to Retain Tenants in Your Commercial ...

Investing in commercial office space is a lucrative decision based on the state of the current commercial real estate market.  Now is an ideal time to prep your space in a way that will help to attract the right tenants.  That being said, if you plan on acting as the landlord to your space (as opposed to hiring a management company), there are a few things you will want to know to ensure that yo...

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office space productivity by blue paint

How to Boost the Productivity of your Com...

If you’re in the market for commercial office space, chances are good that you won’t sign on to the first property that you see.  Each listing will have its own set of unique selling points, as well as its own downfalls as far as how they will work for your particular office setup and employees.  As you peruse properties, try to keep the bigger picture in your mind’s eye rather than gettin...

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tenants for office space

Attracting Quality Tenants to Your Commer...

Owning commercial office space can be an incredible investment or an overwhelming undertaking.  The difference lies in the type of tenant you are attracting.  The right tenant will help to make your job as a property owner easy by being responsible, accountable, and reliable.  The wrong tenant, on the other hand, could easily wear you out with a long list of demands, an inability to pay their r...

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Office Space Sold in August, 2018

Below is a log of the office sales for the tri county area (Hillsborough, Pinellas, Pasco) during the month of August, 2018. Address City Zip Acres SF Sale Date Sale Price $ / SF 2050 62nd Ave N St Petersburg 33702 0.41 15,682 8/2/2018 $2,612,200 $166.57 6538 Gunn Hwy Tampa 33625 0.07 2,985 8/3/2018 $525,000 $175.88 1950 W Dr Martin Luther King Jr Blvd Tampa 33607 0.39 6,315 8/6/2018 $850,000 $134...

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Budget for commercial office space

What to Look For When Renting Commercial ...

If you’re looking to rent commercial office space, it’s obviously important to make sure that you find the right spot.  The worst thing you can do for your business is to a settle into a space that you quickly outgrow, forcing you to uproot and relocate.  To avoid making this mistake, there are a few things you will want to make sure your new space offers. The Right Location It’s been said...

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