Is the seasonality-defying office surge running out of steam?

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CBD vs Suburban Office Assets It is no secret that the comparative value between CBD and suburban-located office assets has drastically changed… In less than two decades the increasing premium for CBD-located office space is kicking into reverse. The trend kicked into high gear...

Tampa Office Sales Comps | NOV 2021

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Find out what properties like yours are selling for. Check out my latest Tampa Office Sales Comps Report. In NOV of 2021, the total office sales volume was $78,655,700 versus $8,778,500 in NOV 2020 There was a total of 20 transactions: 16 professional office propertie...

Tampa Office Sales Comps Report | AUG 2021

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Considering selling your Tampa area office? Find out how much your property could be worth. Check out my latest Tampa Office Sales Comps Report. In AUG of this year, the total office sales volume was $52,757,900 versus $36,112,500 in AUG 2020 There was a total of 29 transactions...

Tampa Office Sales Comps Report | JUN-JUL 2021

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Considering selling your Tampa area office? Find out how much your property could be worth. Check out my latest Tampa Office Sales Comps Report. In July 2021, the total office sales volume was $32,281,500 versus $8,850,000 in JUL 2020–a +265% increase YOY. There was a total...

Tampa Office Sales Comps Report | MAY-JUN 2021

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Considering selling your Tampa area office? Find out how much your property could be worth. Check out my latest Tampa Office Sales Comps Report. In June 2021, the total office sales volume was $126,525,500 versus $25,674,100 in JUN 2020–a +393% increase YOY. There was a...

Tampa Office Sales Comps & Report | JAN – FEB 2021

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Wondering how much your property could sell for? Check out my latest Tampa Office Sales Comps Report.   In February 2021 the total transaction volume was $33,778,600. There was a +177% YOY increase when compared to $12,183,500 recorded in FEB 2020. Out of the 14 sales...
Office-Using Employment Update | MAR 2021 by John Milsaps

Office-Using Employment Update MAR 2021 | Tampa-St. Petersburg-Clearwater, FL

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There is a lot shifting in the office landscape. Which sectors are getting back on their feet? Is it time to target a new sector for new tenants? Similar to last month, two major office-using sectors gained jobs over the year in March 2021. The Professional & Business...
Office Leasing Activity February 2021 by John Milsaps

Office Leasing Activity | FEB 2021

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How has office leasing activity changed during the pandemic? Lease renewals dominated the office leasing market activity last year with renewals accounting for 70% of it in 2020 vs 29% before COVID. 📌 According to a recent report, about 43% of the renewals in Q4 were 5 years or...
Tampa Office Sales Comps JAN 2021 by John Milsaps

Tampa Office Sales Comps & Report | DEC 2020 – JAN 2021

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As we make our way out of the COVID-induced market uncertainty, the office outlook continues to evolve. In January 2021 the total transaction volume was $18,136,300. There was a +58.4% increase YOY from $11,445,700 in JAN 2020. Out of the 13 sales transactions, there were 9...

Office-Using Employment Update FEB 2021 | Tampa-St. Petersburg-Clearwater, FL

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Employment trends have an impact on office demand. Analyzing office-using employment can reveal potential leasing trends & acquisition and disposition opportunities. Two major office-using sectors gained jobs over the year in January 2021. The Professional & Business...