Out-of-state capital backs $3.7M senior housing buy north of Tampa
A $3.7 million senior housing acquisition north of Tampa underscores Florida’s urgent demand and growing investor interest in assisted living.
commercial real estate
Florida ends lease tax, Tampa businesses celebrate
A decades-long burden on Florida’s commercial tenants and landlords ends this month, and the Tampa Bay business community is ready to raise a glass. On Sept. 30, the state’s sales tax on commercial leases will officially expire, closing the chapter on Florida’s status as the only state in the nation to impose such a levy. … Read more
$5M sale closes at Fountain Plaza in West Tampa
Avison Young arranges a $5M sale of Fountain Plaza, a West Tampa retail center on MacDill Avenue.
Construction begins at Double Branch development in Pasco County
Construction has begun on the first phase of the 965-acre Double Branch mixed-use development in Pasco County, anchored by large-scale industrial space.
Real estate professionals share projects they’re watching in 2024
Hillsborough | Manatee | Sarasota Real estate is a fascinating industry to follow, especially with the robust activity in the Tampa Bay region. There are a lot of moving parts to projects; timelines get pushed back, construction can completely come to a halt, financing can fall through, etc. While I find real estate incredibly interesting, … Read more
Great Places and Spaces: Cordova Inn breaks ground on expansion property (UPDATED RENDERINGS)
The Cordova Inn, at 253 2nd Ave. N., in downtown St. Petersburg, celebrated its groundbreaking. The new construction will be five stories tall and sits next to the original hotel. It will bring the Cordova Inn’s total rooms to 97, when complete. There are also plans for a restaurant on the first floor and a … Read more
On the Scene: CREW Tampa Bay’s Economic Summit (PHOTOS)
CREW Tampa Bay held its annual Economic Summit at the Hilton, in downtown Tampa. CREW Tampa Bay held its annual Economic Summit at the Hilton, in downtown Tampa. The sold-out event had a panel discussion, moderated by Stacie Schaible, an anchor for WFLA TV, with Frank Hibbard, mayor of Clearwater, Ken Welch, mayor of St. … Read more
Commercial real estate and the Tampa office market
By Joanne LeBlanc, director at Colliers International During my 30+ years in Tampa, I have never experienced a more exciting time to be in this area than now. Tampa has been ranked a #3 place to relocate in the U.S. and The Economic Development Council reports 200 people a day moving to the region. Attracting … Read more
Great Places and Spaces: The Mirror
Commercial Partners Realty has announced the availability of approximately 11,400 square feet of class A, premium office space for lease in downtown St. Petersburg’s newest mixed-use building, The Mirror, located at 132 Mirror Lake Drive N. This new office, and residential, building has office space on the ground and second floors that are ready for … Read more
Sparkman Wharf redevelopment continues in downtown Tampa
Strategic Property Partners continues redevelopment of Sparkman Wharf along Tampa’s downtown waterfront.