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Office Insight

United States | Tampa, FL

Report | Tampa Bay Office Insight - Q3 2017

Summary

​After a slow start to 2017, overall activity picked back up in Q3 across Tampa Bay. Rents are now up 6.1 percent year-over-year and there's a lack of large blocks available across the market.

Landlords are taking full advantage of these strong market conditions and continue to push asking rates. Developers are holding out for build-to-suits or significant pre-leased space before breaking ground on new buildings. That's limiting options for tenants looking for space.

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