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...

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 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...