We are halfway through the first quarter of 2021 and are happy to already see signs of a recovery. While the number of transactions is still down over the same period last year, in December we saw more volume, a higher max price, and a higher AVG $/SF YOY for the month. In...

I’ve gotten several inquiries about sale-leasebacks so I thought I’d post more information on what they are, and how they could benefit office property owners. 📌 A sale-leaseback offers office property owners an opportunity to access the equity and cash they have in...

Wondering how much your property could sell for? Check out my latest Tampa Office Sales Comps Report.   In March 2021, the total office sales volume was $20,504,200. Compared to $15,506,500 recorded in MAR 2020, there was a +32.2% YOY increase. There was a total of 25...

Hillsborough County’s population is projected to grow more than the Tampa MSA, the state of Florida, and the nation by 2025. As people move out of high-density metros, many look to the Tampa area. Both Hillsborough & Pasco counties are expected to grow at a faster rate...

2020 was unlike any other year we’ve experienced, in general, and in the commercial real estate space. In particular, because of the nature of the pandemic, the office market was especially impacted. The worst-hit were properties located in high-density cities and central...

Analyzing office-using employment can reveal potential leasing trends & acquisition and disposition opportunities.  In two of the three office-using employment sectors in the Tampa-St. Petersburg-Clearwater MSA measured for this report, we’ve seen month-over-month...

Health systems lead third-quarter activity as cap rates show modest compression during a quarter that saw lower transaction volume. The H2C’s second quarterly medical office building (“MOB”) report reflecting the full impact of the COVID-19 pandemic. While COVID-19 continues to...

2020 has been a roller coaster. Little by little, parts of the economy have been starting to move toward recovery. Metrics for October 2020 show a continuation of the upward trend, including transaction volume growth, an increase in the number of transactions, and climbing AVG...

Is it time to sell and cash-out to invest in higher-yielding asset classes? Some investors seem to think so. Many property types have taken a hit over the last few months in pricing and transaction volume. While transaction volume has certainly been impacted, medical office...

This has been a rough year. Office property owners and especially medical office owners, however, are seeing values fare better than expected. Metrics for September continue to show improvement across the board including month-over-month transaction volume growth, number of...