CBRE’s Retail Vacancy Report for Tampa, Florida

Tampa Tampa fared the worst in the second quarter posting negative absorption of 296,000 square feet because of closings by major retailers. Small shop leasing helped, however, posting positive absorption of 26,000 square feet. Despite the net absorption, the vacancy rate in Tampa stands at a relatively low 7.7 percent. Average asking rents fell 3.2 […]

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Recent Deals of Note: KForce & Buffalo Wild Wings

Date: May 28, 2010 BUYER: Kforce Services Corp. Tampa, FL SELLER: iStar CTL East Palm — Tampa LLC PROPERTY: 1001 E. Palm Ave., Tampa PRICE: $28.5 million PREVIOUS PRICE: $1.25 million, September 2000 PLANS, DESCRIPTION: Kforce Inc. purchased its headquarters in Ybor City for $28.5 million. The price equated to $213 per square foot. The […]

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Costar Report: #Tampa Office Vacancy Ticks Down

The office vacancy rate in the Tampa/St Petersburg market area decreased to 14.1% at the end of the second quarter 2010. The vacancy rate was 14.2% at the end of the first quarter 2010, 14.1% at the end of the fourth quarter 2009, and 13.8% at the end of the third quarter 2009. For Complete […]

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