Tampa Office Leasing Update

Tampa Office Leasing Update

The Tampa office market is doing relatively well, despite the pandemic.


📌 Over the last 24 months, we’ve held relatively steady at an average vacancy rate of about 7.5%.


📌 Annual rent growth remains one of the strongest in the country. It’s currently hovering at approximately +1.8% YOY.

📌 1 & 2-star office properties have held down the vacancy rate average coming in at about 6.9%.


📌 4 & 5-star office, not surprisingly, was at about 9.6%


Overall, we’re in good shape.

John Milsaps Tampa Office Leasing Update

About the Author
John Milsaps, a Senior Advisor at SVN Commercial Advisory Group, specializes in landlord and seller representation in Tampa's professional office and healthcare real estate sectors. His expertise in commercial office space makes him a trusted advocate for clients seeking strategic real estate solutions.