Pulse360 | TAMPA2020 | Page 36
// TAMPA Q1 2016 OFFICE STATISTICS
Total net YTD total net YTD total net
absorption
absorption
absorption
(s.f.)
(s.f.) (% of stock)
Average
Direct Total vacancy
asking
vacancy (%)
(%) rent ($ p.s.f.)
YTD
Under
completions construction
(s.f.)
(s.f.)
Class
Inventory
(s.f.)
Tampa-CBD
Totals
6,019,256
-21,878
-21,878
-0.4%
13.0%
14.0%
$25.71
0
0
Hillsborough County CBD
Totals
6,019,256
-21,878
-21,878
-0.4%
13.0%
14.0%
$25.71
0
0
I-75/I-4 Corridor
Totals
6,337,499
48,303
48,303
0.8%
14.7%
15.2%
$20.39
0
0
Northwest Tampa
Totals
2,667,333
22,446
22,446
0.8%
11.4%
11.4%
$20.33
0
0
Westshore
Totals
11,578,053
87,316
87,316
0.8%
12.4%
13.0%
$27.03
175,998
0
Hillsborough County Suburbs Totals
20,582,885
158,065
158,065
0.8%
13.0%
13.5%
$23.96
175,998
0
1.3%
5.2%
5.4%
$24.15
0
0
St. Petersburg-CBD
Totals
1,863,029
24,325
24,325
Pinellas County CBD
Totals
1,863,029
24,325
24,325
1.3%
5.2%
5.4%
$24.15
0
0
Gateway/Bayside
Totals
3,642,183
-5,733
-5,733
-0.2%
17.6%
18.2%
$21.62
0
0
Pinellas Outlying
Totals
2,241,606
16,129
16,129
0.7%
27.9%
28.4%
$18.07
0
0
Pinellas County Suburbs
Totals
5,883,789
10,396
10,396
0.2%
21.5%
22.1%
$19.87
0
0
Tampa
Totals
34,348,959
170,908
170,908
0.5%
14.0%
14.6%
$23.18
175,998
0
Tampa-CBD
A
4,567,479
-22,508
-22,508
-0.5%
12.3%
13.6%
$27.11
0
0
Hillsborough County CBD
A
4,567,479
-22,508
-22,508
-0.5%
12.3%
13.6%
$27.11
0
0
I-75/I-4 Corridor
A
3,165,391
195,246
195,246
6.2%
11.6%
12.5%
$23.27
0
0
Northwest Tampa
A
1,157,593
-1,338
-1,338
-0.1%
6.3%
6.3%
$23.50
0
0
Westshore
A
7,312,523
97,744
97,744
1.3%
11.5%
12.3%
$29.42
175,998
0
Hillsborough County Suburbs A
11,635,507
291,652
291,652
2.5%
11.0%
11.8%
$27.31
175,998
0
St. Petersburg-CBD
A
1,206,754
5,841
5,841
0.5%
4.6%
5.0%
$25.81
0
0
Pinellas County CBD
A
1,206,754
5,841
5,841
0.5%
4.6%
5.0%
$25.81
0
0
Gateway/Bayside
A
2,570,070
-9,323
-9,323
-0.4%
5.0%
5.8%
$23.00
0
0
Pinellas Outlying
A
1,032,702
15,996
15,996
1.5%
13.7%
14.8%
$19.97
0
0
Pinellas County Suburbs
A
3,602,772
6,673
6,673
0.2%
7.5%
8.4%
$21.41
0
0
Tampa
A
21,012,512
281,658
281,658
1.3%
10.3%
11.2%
$26.14
175,998
0
Tampa-CBD
B
1,451,777
630
630
0.0%
14.9%
15.1%
$21.38
0
0
Hillsborough County CBD
B
1,451,777
630
630
0.0%
14.9%
15.1%
$21.38
0
0
I-75/I-4 Corridor
B
3,172,108
-146,943
-146,943
-4.6%
17.7%
17.8%
$17.72
0
0
Northwest Tampa
B
1,509,740
23,784
23,784
1.6%
15.3%
15.3%
$19.57
0
0
Westshore
B
4,265,530
-10,428
-10,428
-0.2%
14.1%
14.2%
$23.32
0
0
Hillsborough County Suburbs B
8,947,378
-133,587
-133,587
-1.5%
15.6%
15.7%
$20.44
0
0
St. Petersburg-CBD
B
656,275
18,484
18,484
2.8%
6.1%
6.1%
$19.79
0
0
Pinellas County CBD
B
656,275
18,484
18,484
2.8%
6.1%
6.1%
$19.79
0
0
Gateway/Bayside
B
1,072,113
3,590
3,590
0.3%
47.7%
47.7%
$20.53
0
0
Pinellas Outlying
B
1,208,904
133
133
0.0%
40.0%
40.0%
$17.44
0
0
Pinellas County Suburbs
B
2,281,017
3,723
3,723
0.2%
43.6%
43.6%
$19.03
0
0
Tampa
B
13,336,447
-110,750
-110,750
-0.8%
19.8%
19.9%
$20.06
0
0
2016 TAMPA PULSE // 36
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