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...

Tampa Office Sales Comps & Report | NOV-DEC 2020

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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...
The Tampa Area is growing by leaps and bounds, so where is everybody going?

The Tampa Area is Growing By Leaps & Bounds. So, where is everybody going?

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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...
Tampa Office Sales Comps October - November 2020 by John MIlsaps

Tampa Office Sales Comps & Report | OCT – NOV 2020

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...
Approves Tax Break for Possible Amazon Warehouses in South County

Hillsborough Approves Tax Break for Possible Amazon Warehouses in South County

Hillsborough County Commissioners adopted an ordinance Wednesday that paves the way for a property tax break if Amazon.com opens a “fulfillment centers” near Interstate 75 in Ruskin. The move would cost the county almost $7 million in property tax revenues over 7...