Tampa Bay office insight - Q2 2018

A telling factor that this quarter’s activity has had little impact on the confidence of landlords comes in the form of asking rates continuing their upward climb – and this is not unfounded. The truth is, leasing activity for the quarter is largely in line with historical trends, but multiple large move-ins won’t take place until later in the year. Good thing, as multiple large office projects continue to hit milestones. The Bromley building was demolished to make room for Midtown Tampa and both Riverwalk Place and Water Street Tampa revealed architectural partnerships and designs of their ambitious downtown office developments that could begin early next year.

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