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Office Statistics

United States | Tampa, FL

Report | Tampa Bay Office Statistics - Q1 2011

Summary

The Tampa Bay office market sees a flight to quality, with the Tampa CBD and Westshore leading the market.

Inventory:  1) Tampa CBD 6,996,449 s.f. 2) Westshore: 11,575,267 s.f.

Quarterly total net absorption:  1) Tampa CBD: 71,305 s.f. 2) Westshore: -8,254 s.f.

Total vacancy: 1) Tampa CBD: 1,213,074 s.f. 2) Westshore: 2,343,610 s.f.

Total vacancy percentage: 1) Tampa CBD 17.3% 2) Westshore: 20.2%

Average asking rent per s.f.: 1) Tampa CBD: $21.00 2) Westshore: $24.06

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