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Tampa MarketBeat Reports

Jason McCormick • 10/12/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.


Learn more about our local markets and property types by clicking our most recent Tampa MarketBeat reports below.


Upon the arrival of COVID-19 in the U.S., the economy entered a recession in March 2020, recording the worst decline in post-war history in Q2 2020. Mounting evidence indicates that the recovery began in May or June with Q3 2020 data likely reflecting that. But, until there is a public health resolution to the pandemic, the recovery is likely to remain uncertain and gradual. Only then can households and businesses become more confident.

Current Marketbeats

Office MarketBeat Report
Q3 2020 Tampa Office Report

Tampa overall office vacancy ended the third quarter at 13.8%, an increase of 210 bps over last year and up 160 bps when compared to the end of 2019. Class A vacancy rose by 380 bps YOY to 13.8% with space in Class B climbing by 50 bps to 14.9%. 

Tampa Office MarketBeat Q32020

Office MarketBeat Report
Q4 2019 Pinellas County Office Report

Overall rents closed 2019 at $23.20 per square foot (psf) full service, marking the fourth consecutive quarter asking rents averaged above $23.00 psf. Pinellas County’s overall rents had an average annual increase of 4.8% over the past five years.

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Industrial MarketBeat Report
Q3 2020 Tampa Industrial Report

In the Tampa industrial market, overall triple net asking rents for warehouse/distribution space increased significantly YOY, rising 5.1% to $5.73 psf.

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Industrial MarketBeat Report
Q1 2020 Pinellas County Industrial Report

 

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Industrial MarketBeat Report
Q3 2020 Lakeland Industrial Report

New leasing activity YTD in the Lakeland industrial market totaled over 2.4 msf, shattering previous annual leasing activity records by over 600,000 sf.

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Featured Insights: Current U.S. MarketBeats

Q3 U.S. Office MarketBeat Report Card Image
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 10/14/2020
Q3 U.S. MarketBeat Industrial Report Web Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 10/8/2020
Q3 U.S. Retail MarketBeat Report Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 10/14/2020

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