Real Estate

You’ve probably seen Kast Construction banners on various projects around the Tampa Bay area. Founded in West Palm Beach, Kast Construction has been behind some of the largest projects in the Tampa Bay area, since 2011. In 2016, it established its Tampa office. The company has two new towers planned in 2020, including Saltaire in

It’s nearly impossible to discuss the state of Tampa Bay’s commercial real estate market without addressing the effects of the COVID-19 pandemic, many of which remain unknown. The silver lining is that most U.S. commercial real estate markets entered this crisis in solid shape and that is especially true of the Tampa Bay area. Our

Construction on the 24-story Virage condominium tower, on Bayshore Boulevard in Tampa, is now complete and residents have started moving in. Sixty-nine of the 71 residences were pre-sold, representing more than $120 million in real estate, according to a statement. “We are so proud of the construction team, for staying the course, in this challenging

What are the biggest trends impacting commercial real estate in 2020? How are they affecting the Tampa Bay market? At Cushman & Wakefield’s recent Tampa Bay State of Real Estate event, national and local experts tackled these questions through a series of engaging presentations and panels, offering insight on everything from the national economy to

TBBW’s Virtual Connect series was created to bring our readers together to hear panels that can help them with various business endeavors during the COVID-19 crisis. Bridgette Bello moderated the panel via Zoom. Panelists Stephanie Lieb, shareholder, Trenam Law Ryan Toth, regional director, The Beck Group Danny Rice, managing director and market leader, Colliers International

Tampa Bay will continue to flourish as we approach the next decade. We are one of the fastest growing major metropolitan areas in the nation, with dynamic companies representing some of today’s hottest industries. Our increasingly diversified economy is generating jobs, and in turn supporting the phenomenal expansion in the commercial real estate sector. Office

Tampa Bay’s industrial real estate market is enjoying strong leasing and development activity halfway into 2019. Healthy population and employment growth in the Tampa Bay area are fueling demand for quality, well-located industrial space which, in turn, is encouraging investors and developers to build new product. In Hillsborough County, 1.5 million square feet of new

INDUSTRIAL Economy The Tampa Bay economy accelerated over the past year, adding more than 26,200 jobs for an annual growth rate of 1.9 percent. As of February 2019, the unemployment rate in Pinellas County fell by 20 basis points over the past 12 months, to 3.3 percent. Nearly all industrial-related industries saw employment growth. Transportation,

INDUSTRIAL Economy As of February 2019, the unemployment rate in Hillsborough County fell by 30 basis points over the past 12 months to 3.3 percent. Nearly all industrial-related industries saw employment growth. Transportation, warehouses and utilities had the bulk of job gains, adding 1,600 jobs and a job growth rate of 5.3 percent. The region’s

After years of buying, selling and investing in homes and properties in the St. Petersburg area, Bonnie Strickland formed Strickland Property Group in St. Petersburg. Raised in a family of brokers, investors, contractors, and architects, she developed an appreciation and an understanding of the real estate industry early in her life. Since 2010, her career

The Tampa Bay area’s office market has hit a sweet spot. From extraordinary year-over-year job growth to record-high rental rates, as well as strong demand from a wide variety of tenants, the signs all point to one thing—the time is finally right for new office development in the market. Asking rental rates for top-of-market office

RSM US, a national provider of audit, tax and consulting services focused on the middle market, will relocate its Tampa office to Sparkman Wharf, Water Street Tampa’s first office offering, this July. “We’re excited for the opportunity to be one of the first offices located in Water Street Tampa and to relocate into a larger