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...
Office-using employment update Feb 2021 by John Milsaps

Office-Using Employment Update FEB 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. Two major office-using sectors gained jobs over the year in January 2021. The Professional & Business...

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...
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...
John Milsaps Office-Using Employment Update Jan 2021

Office-Using Employment Update JAN 2021 | Tampa-St. Petersburg-Clearwater, FL

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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...