TBBW’s Virtual Connect: Office environments and the new norm in commercial real estate and construction

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

Dave Bevirt, executive vice president, Strategic Property Partners

Tampa Bay’s robust growth driving strong investor demand for commercial real estate

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

E-commerce: The driving force behind Tampa Bay’s expanding industrial market

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

How Pinellas County industrial & office markets are performing

►RLJ Lodging Trust sold the 362-room Vinoy Renaissance St. Petersburg Resort & Golf Club for a total consideration of $188.5 million, consisting of the contractual sales price of $185 million and the release of $3.5 million in member deposits.

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

How Hillsborough County industrial & office markets are performing

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

Sparkman Wharf redevelopment continues in downtown Tampa

Strategic Property Partners continues redevelopment of Sparkman Wharf along Tampa’s downtown waterfront.

Bonnie Strickland Shares Her Secret Real Estate Sauce

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 … Read more

Tampa’s Four Biggest Projects

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 … Read more

The emotional side of luxury real estate

An overwhelming majority of high-end home buyers, internationally, see their investment as more than a financial one, according to a study conducted by Luxury Portfolio International, a leading division in luxury real estate around the globe. Luxury homes are established as a place to set down roots and create deep emotional ties. For that reason, … Read more