Office-Using Employment Update JAN 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. There was consistent month-over-month growth in the Financial Activities and Professional & Bussiness...

Tampa Office Leasing Update

The Tampa office market is doing relatively well, despite the pandemic.   ūüďĆ Over the last 24 months, we’ve held relatively steady at an average vacancy rate of about 7.5%.   ūüďĆ Annual rent growth remains one of the strongest in the country. It’s currently...
Tampa Office Sales Comp by John Milsaps

Tampa Office Sales Comps & Report | JULY ‚Äď AUGUST 2020

We’re now eight months into a historic pandemic. While everyone has been hard hit, the Tampa/Clearwater/St. Pete MSA’s diversified economy is helping us on the road to recovery as office sales activity steadily picks back up. The total transaction volume in Tampa for...
Tampa Office Sales Comps

Office Space Sold | DEC 2019

In December, there were 24 medical and professional office sales transactions executed in the Hillsborough County/Tampa area*:  Total Transaction Volume was approximately $25,895,400 AVG Sale Price:Professional: $1,119,359 | Medical: $634,750 The AVG Price/SF:Professional Office:...
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:...