Real Estate
Coverage of commercial real estate, development, land sales, building activity and major projects across Tampa Bay.
Certain phrases surrounding the COVID-19 pandemic have sparked global conversations, the most notable being “social distancing.” The world now understands the importance of staying 6 feet away. In the June issue of TBBW, we discussed what the new normal for Tampa Bay’s office market might look like and featured the Cushman & Wakefield Six Feet Office model. … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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.
Stephanie Lieb, shareholder, Trenam Law
Ryan Toth, regional director, The Beck Group
Danny Rice, managing director and market leader, Colliers International
Dave Bevirt, executive vice president, Strategic Property Partners
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 … Read more
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 … Read more
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, … Read more
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 … Read more
