• The average asking lease rate in Q2 2019 was $23.20 per sq. ft., a 0.6% increase year-over-year.
  • Total vacancy slightly decreased year-over-year, reflecting 10.7% in Q2 2019.
  • 1001 Water St. broke ground on 405,000 sq. ft. of office space, marking it as the first office building under construction in Tampa CBD since 2008.
  • Tampa’s MSA has the eighth highest rent growth in the U.S. at 4.2%.
  • Midtown Tampa has completed demolition to make way for the 1.8 million sq. ft. of mixed-use development, bringing 750,000 sq. ft. of Class A office space to the Tampa market.