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 deal of the month was the sale of The Austin Center, which is a 322,139sf 7 building office complex located in Tampa’s prestigious Westshore Office District.  Check out the sale below which totaled almost $29,000,000.

Address City Zip Acres SF Sale Date Sale Price $ / SF
217 N HOWARD AVE 102 Tampa 33606 0.00 1,468 1/2/2019 $399,000 $271.80
2849 EXECUTIVE DR # 200 St Petersburg 33762 3.12 3,679 1/3/2019 $310,000 $84.26
18286 N US HIGHWAY 41 LUTZ 33548 0.09 3,250 1/3/2019 $347,700 $106.98
5611 SKYTOP DR LITHIA 33547 1.98 18,078 1/3/2019 $5,700,000 $315.30
712 W Dr Martin Luther King Jr Blvd Plant City 33563 1.02 8,211 1/4/2019 $492,000 $59.92
14020 N 46th St Tampa 33613 2.43 11,254 1/4/2019 $950,000 $84.41
508 S HABANA AVE 160 Tampa 33609 0.00 1,863 1/4/2019 $558,300 $299.68
16622 N DALE MABRY HWY Tampa 33618 0.07 2,984 1/4/2019 $585,000 $196.05
3438 Colwell Ave Tampa 33614 0.77 3,141 1/8/2019 $500,000 $159.18
511 E Bloomingdale Ave Brandon 33511 5.10 6,902 1/8/2019 $2,375,000 $344.10
2602 E 7th Ave Tampa 33605 0.54 10,282 1/10/2019 $2,000,000 $194.51
1019 9th Ave N St Petersburg 33705 0.29 1,325 1/14/2019 $280,000 $211.32
8619 N Dixon Ave Tampa 33604 0.54 3,634 1/15/2019 $350,000 $96.31
1727 S Pinellas Ave Tarpon Springs 34689 0.59 1,753 1/15/2019 $412,500 $235.31
1401 EAST BAY DR Largo 33771 0.36 1,998 1/15/2019 $236,000 $118.12
127 N Garden Ave Clearwater 33755 0.64 11,029 1/15/2019 $1,490,000 $135.10
1111 N WEST SHORE BLVD Tampa 33607 10.37 322,139 1/16/2019 $28,957,500 $89.89
360 6th St S St Petersburg 33701 0.40 6,700 1/17/2019 $1,450,000 $216.42
2012 4th St N St Petersburg 33704 0.09 1,079 1/23/2019 $350,000 $324.37
11210 N 30th St Tampa 33612 0.67 3,546 1/24/2019 $650,000 $183.31
1015 7th Ave N St Petersburg 33705 0.04 768 1/25/2019 $120,000 $156.25
326 W BEARSS AVE 4 Tampa 33613 0.00 2,020 1/25/2019 $355,000 $175.74
200 S Hoover Blvd Tampa 33609 5.40 76,172 1/28/2019 $8,750,000 $114.87
9225 ULMERTON RD # L Largo 33771 0.05 1,886 1/29/2019 $172,000 $91.20
3434 4th St N St Petersburg 33704 0.34 1,023 1/30/2019 $282,500 $276.15
About the Author
Though John has a broad understanding of the entire commercial market, he specializes in both professional office and healthcare real estate. As Senior Advisor, he approaches each business transaction with a unique combination of marketing, technology, and sales to ensure success and ease from start to finish.

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