Study Reveals Tampa is the Least Expensive Large City

Very competitive labor costs along with moderately-low office/industrial leasing and sales tax costs help make Tampa the least-costly place to do business among 22 U.S. cities/locations with populations exceeding 2 million, according to a study by KPMG LLP, the audit, tax and advisory firm. Click here for entire press release. This is not entirely surprising.  The […]

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GunnAllen Closure Forces More Vacancy on to the Tampa Office Market

It did not come as much of a surprise when GunnAllen Financial, Inc. finally closed its doors for business today. Regulators had been digging around the firm looking for net capitalization violations after Chairman John Sykes abruptly left at the end of the last year.   With Sykes’ exit, the writing was on the wall […]

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Tampa’s Commercial Real Estate Continues to Lag

From the Marcus & Millichap’s latest Retail Research Report Via the Tampa Bay Business Journal: Forecasts included in the local report: • Employers will cut another 4,000 positions this year. That’s an improvement over the 50,700 jobs lost in 2009. •Asking rents are forecast to drop 3.1 percent to $13.78 per square foot, while effective […]

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Commercial Property Transactions of Note in Hillsborough County, Florida

Every month, we try to post a handful of interesting sales or other lease activity in the area.  Here are some of the recent high profile transactions in the Tampa Area: Sams Club (SAM’s East, Inc.) purchased a tract of land from DeBartolo in Southeastern Hillsborough County, close to Summerfield in Riverview, Florida on February […]

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