Tampa Office Values, Along With Rents, Have Climbed In The Past Decade

By Jay Wittner March 6, 2020

Office properties in Tampa Bay have appreciated by 28% over the last decade.  Last year office space sold for an average of $172 per square foot.  Gross rental rates are up about 50% over the 10-year period.  Real estate analysts are now forecasting rent growth averaging at least 5% per year.