Tampa is Building for Its Future, But There Are Still Hurdles to Cross

Tampa has been experiencing a developmental boom. In downtown, in the up-and-coming Heights, an in Westshore, projects are underway. From office to residential and mix-use, Tampa has put itself on the map with the promise of new growth and direction. But with so much development coming down the pipeline, concern is growing among politicians, residents […]

Share

Read More


How to Get Rid of Your Old Office Furniture

One question we hear time and again as commercial real estate brokers is what to do with old or unwanted office furniture. Usually, this question comes up because a client is downsizing or relocating their office. Sometimes they are just upgrading current furniture to something nicer. Either way, the larger the company, the more furniture […]

Share

Read More


MedHOK Renews and Expands in Tampa

The Medical House of Knowledge (MedHOK) renewed its lease at Tampa’s International Business Center and expanded into an adjacent unit. The International Business Center is located at 5550 W. Idlewild Ave., 33634 and spans 48,409 square feet over four acres. MedHOK’s expansion now puts them at 19,219 square feet of occupancy in the building. For […]

Share

Read More


Boulder Hotel Co Sells Florida Portfolio

Boulder Hotel Co., LLC recently sold-off six hotel properties in their Florida portfolio, three of which are in Tampa. The portfolio was sold to real estate investment trust, American Hotel Income Properties, for a total of $61 million. Excluding the mandatory $10.6 million in brand-related property improvements, this totals to about $109,000/unit. The Tampa properties […]

Share

Read More


MIDFLORIDA Credit Union Buys Southdale Commons

Tampa’s Southdale Commons shopping plaza, located at 1108 Dale Mabry Hwy., 33607, was sold to MIDFLORIDA Credit Union. Ellis & Co, Ltd. sold the 22,672 square-foot office building for a total of $9.5 million, or roughly $419/SF. The property is currently under renovation. For more information on this sale, click here. Contact us at 813.514.1070 […]

Share

Read More


What ‘Brexit’ Means for Tampa Real Estate

Britain’s unprecedented decision to leave the European Union this past month left everyone on both sides of the Atlantic scrambling. U.K. legislatures are still trying to mete out assurances to foreign and domestic financial institutions on the continued stability of the British market, but as the Pound continues to drop, questions are still being asked. […]

Share

Read More


Sale of Ruskin’s Amazon Warehouse Marks New High for Tampa’s Real Estate Markets

This past Tuesday marked a high-point in the Tampa real estate market. Amazon’s million-square-foot warehouse and fulfillment center in Ruskin (zip code 33570) was sold for a whopping $103.6 million to a Phoenix-based real estate investment trust (Cole Office & Industrial REIT II). This is equivalent to roughly $100/sqf, making this deal the largest that […]

Share

Read More


Tampa’s Channel District Development Heating Up

Tampa-based investment and development firm Liberty Group recently purchased a hot parcel of vacant land in downtown Tampa’s Channel District (zip code 33602). The lot, comprising nearly an acre of land, is located between N. Meridian and Kennedy Blvd.; positioned in prime Tampa real estate. Although Liberty Group has yet to announce any plans for […]

Share

Read More


Seminole Heights on the Rise

The Seminole Heights neighborhood of Tampa has been undergoing a period of renewal. The once forgotten area has enjoyed a resurgence of commercial activity thanks largely in part to one man: Wesley Burdette. Burdette currently has several commercial projects in the works in Seminole Heights in addition to several established commercial spaces in the area. […]

Share

Read More


Tampa Area’s Hot Commercial Projects

Tampa‚Äôs commercial real estate markets have seen big changes in 2016. It is seeing projects nearing or recently completed, new developments breaking-ground and more coming down the pipeline. Though the year has also ushered in some uncertainties and potential risks for future commercial investments and construction, Tampa is enjoying an overall positive growth in commercial […]

Share

Read More