While a lot has changed over the last few months, one thing hasn't--and that's Tampa's continuing growth, national visibility, and strategic importance.
One of the many companies that have taken notice is Amazon.
The retail giant is coming to town in a big way. The company seems to have found it's place in Florida and it's in Tampa. Their footprint will be a whopping...
6,774,291 Total SF
of Amazon's warehouse presence in the Tampa Bay region.
That's equal to 5.7 International Plaza Malls, 38 Walmart Supercenters, and 151 Publix Supermarket stores.
What does this mean for office property investors?
It means that new ecosystems will pop up to support Amazon's micro-economy in our area.
Office properties in the e-tailer's vicinity could be poised to benefit from their growth and now is a great time to consider if changes to your office holdings could better position you for emerging opportunities.
If you're considering making a move, contact me. I can help with a Broker Opinion of Value for your property and by working with you to execute a 1031 Exchange.
You can read more about Amazon's big investment in our area in our Market Trends section below.
In this month's issue, you will also gain access to:
A downloadable version of our monthly sales comps data sheet--the Tampa Office Sales Comps & Report
Relevant market news & trends that could potentially impact property prices.
Information on two excellent land development opportunities I have for sale.
A downloadable PDF with the latest Tampa MSA employment rate, an important metric for the office market
Please let me know what other information would be of value to you.
In the meantime, if you know anyone who is considering selling or leasing office space, please tell them about me. I specialize in selling Tampa professional and medical office properties.
Most importantly, please do not hesitate to reach out with questions. I'm here to help.