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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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 ...
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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 ...
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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...
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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 ...
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Office Space Sold in December, 2018
Sales activity increased month over month in the Tri-county area (Hillsborough, Pinellas, Pasco) with 48 transactions recorded in December, up from 36 in November. Deals totaled 1,204,674sf of office space and the Average Transaction Value for the month was $3,503,598 while the Average Price per Square Foot decreased to $158.10. Sales volume for the month was $168,172,700. Address City Zip Acres...
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