Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Learn more about our local markets and property types by clicking our most recent Tampa Bay MarketBeat reports below.
Tampa Bay office overall vacancy ended Q2 at 21.3%, down 50 bps from the previous quarter and 30 bps YOY.
In the Tampa Bay industrial market, absorption ended Q2 2024 at 463,000 square feet, bringing the year-to-date (YTD) total to 823,000 sf.
The overall vacancy rate for warehouse/distribution space in the Lakeland/Polk industrial market continued to rise, increasing by 60 basis points QOQ to reach 10.4%, the highest rate ever recorded in Q2 2024.
Tampa Bay’s supply constraints continued in Q2 with retail vacancy closing at 3.0%, the twelfth straight quarter below 3.5%.
Nine multifamily buildings totaling 1,894 units in Tampa Bay were completed during Q2 2024, combining with an already active Q1 2024 for 4,457 apartments in 14 properties built year-to-date.
Access the latest quarter commercial real estate results for the office sector nationally. MarketBeat reports analyze quarterly market activity including supply, demand and pricing trends.
Access the latest quarter commercial real estate results for the U.S. industrial sector. MarketBeat reports analyze quarterly market activity including supply, demand and pricing trends.
Access the latest quarter commercial real estate results for the retail sector nationally. MarketBeat reports analyze quarterly market activity including supply, demand and pricing trends.
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