Florida Real Estate Journal Reports:
TAMPA – As of 1Q09, Tampa Bay’s user and investment office market is best defined as “systemic monetary gridlock” as the U.S. economy still searches for its trough. Lending facilities remain stingy as several life insurance companies -normally a major source of liquidity – announced plans to significantly scale back portfolios. Meanwhile, multiple government bailouts (TALF) have shown no positive results in the near-term and will lead to an inflationary period for real estate pricing. (…more on Tampa Office Vacancy )
