Figures | Future Cities
Tampa Office Figures Q1 2022
April 21, 2022
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- Strong performance of newly delivered product in Tampa CBD and Westshore submarkets has affirmed consumer demand for Class A office space as developers weigh the next phases of development.
- The top five largest sublease additions in the first quarter may have accounted for 219,000 square feet of negative sublease absorption but direct absorption came in at a positive 40,519 square feet.
- The significant rent growth observed in 2021 continued its upward trajectory through the first three months of the year, posting a 10.5% year-over-year growth rate.