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Tampa Bay Office Report Q3 2021
Tampa Bay Economy 3rd Quarter 2021 The Tampa Bay region had an unemployment rate of 4.5% in August 2021, down 2.7% from August 2020. The national unemployment rate was 5.2% in August 2021, so the Tampa Bay region appears to once again be faring better than the US...
How New Cellular Technology Will Impact Commercial Real Estate
You have probably heard references to 5G. 5G stands for the fifth generation of cellular technology. When fully rolled out, 5G will be as much as 100 times faster than today’s 4G. 5G’s massive capacity will allow networks to accommodate more users at much higher...
Are You an Attractive Commercial Real Estate Tenant?
Are You an Attractive Commercial Real Estate Tenant? All commercial real estate landlords have certain criteria that they typically look for in a good tenant. Of those criteria, the most important is the tenant’s financial strength. Landlords want to be assured that...
Why Lease Flexibility is So Important in an Uncertain World
Lease Flexibility - If we have learned anything over the last fourteen months, it is that global economic conditions can change rapidly. The companies that will thrive moving forward are those that are nimble and can rapidly respond to those changing conditions. We...
Tech Company Relocations to the Tampa Bay Soar in 2021
Nine Companies that relocated their headquarters or opened new offices in Tampa Bay in 2021 At a time when states like California and New York are seeing more move-outs than move-ins, approximately 1,000 people a day continue to move to Florida. With the ability to...
Tampa Bay Office Market Report Q1 2021
Tampa Bay Economy. The Tampa Bay region had an unemployment rate of 4.2% in February 2021, down thirty basis points (bps) from January 2021 but up 110 basis points from a year ago. The national unemployment rate was 6.2% in February 2021, so the Tampa Bay region...
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