Commercial Real Estate Market OutlookQuarterly and topical research insights to help your business gain competitive edge in commercial real estate.
Tampa Industrial Market Report (Q1 2021)4 Mai 2021
While other sectors suffered pandemic-induced distress during 2020, the industrial market flourished, with massive nationwide demand causing rental rate acceleration in most markets. In the Tampa area, asking rents have grown 3.8% over the last quarter to $6.20 per square foot on a NNN basis, and demand for space is so strong that investors continue to scour for opportunities. Dragstrip Logistics Center, a recently built 710,962-sf distribution center in Lakeland that secured Amazon as a tenant in 2020, was just sold for more than $108.7 million, or $153 per square foot, at a 4.2% cap rate.