Asking Rents in Tampa Projected to Fall by 3.9% + Other Lease News

(TAMPA, FL) — As vacancy in the metro Tampa office market climbs and rents recede, property owners and investors continue to look for the turning point that will signal the onset of an economic recovery.

Marcus & Millichap predicts a 20.5 percent vacancy rate by year end. Rents are forecast to slide 7.9 percent to $17.23 per square foot.

To see complete story on the Real Estate Channel’s “Commercial Real Estate Round Up.”

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