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LAND O’ LAKES, FLA. — NexMetro has opened Avilla Silver Palm, a 180-home build-to-rent community in Land O’ Lakes, about 20 miles north of Tampa, Florida. This is NexMetro’s third… The post NexMetro Opens Third BTR Avilla Community in Metro Tampa appeared first on Multifamily & Affordable Housing Business .
HOUSTON – (Realty News Report) – American Landmark Apartments, a Tampa-based multifamily company, acquired the 292-unit Park Avenue at Boulder Creek in southeast Houston. The apartment complex, located at 11575 Pearland Parkway will be the firm’s 14th asset in the Houston area. “Houston continues to distinguish…
FORT WORTH, TEXAS — Tampa-based brokerage firm Franklin Street has negotiated the sale of The Reserve on Willow Lake, a 138-unit multifamily property in southwest Fort Worth. Built in 1996, the property offers two- and three-bedroom apartments, as well as townhomes. Amenities include a pool, fitness center and a…
A Tampa, Florida-based REIT and its two founders are being accused by federal regulators of raising $152M from more than 5,500 investors via splashy social media advertisements, lying about the performance of the investments and misappropriating the...
TAMPA, FLA. — JLL has arranged a $55.7 million loan for 143,354 square feet of office and retail space within Midtown East, an 18-story office tower in Tampa. The property was delivered in April 2025 and represents the third and final office tower within Midtown Tampa District, a 22-acre mixed-use campus that also…
WESLEY CHAPEL, FLA. — SRS Real Estate Partners has brokered the $7.9 million sale of Promenade, a three-tenant retail property located in Wesley Chapel, roughly 24 miles north of downtown Tampa. Built in 2025, the 9,222-square-foot property was fully leased at the time of sale to Heartland Dental, GoodVets and…
Elevated Supply Weighs on Fundamentals Tampa multifamily fundamentals dampened as robust supply poured in. Average advertised asking rents rose 0.1%, on a trailing three-month basis through May, to $1,783. National rent growth surpassed the metro, climbing 0.3% to $1,767. The area’s average occupancy rate plunged…
TAMPA, Fla. — Continuum Advisors has brokered the sale of Arbor Terrace Citrus Park Independent Living, a 139-unit community located in Tampa. Developed in 2019 on nine acres, the property comprises… The post Continuum Brokers Sale of 139-Unit Community in Tampa appeared first on Seniors Housing Business .
Trilogy Real Estate Group has received a $64 million construction loan for the development of The Albion, a 325-unit apartment community being built in Valrico, Fla. The project, located 14 miles east of downtown Tampa, is slated for delivery in the fourth quarter of 2028. Multihousing News reports the financing is…
Stetson University plans to modernize the Stetson University College of Law’s Tampa Law Center and create a mixed-use space in a currently underutilized area with the help of Bromley Companies. Bromley hopes to maintain Stetson Law’s presence but add hotel rooms, apartments, restaurants and more. On the 6.5-acre…
TAMPA, Fla. — Helios Healthcare Advisors has provided $7 million in HUD-insured financing for an assisted living and memory care community located in Tampa. Built in 2018 and situated near the… The post Helios Provides $7M HUD-Insured Financing for Community in Tampa appeared first on Seniors Housing Business .
LAKELAND, FLA. — JLL Capital Markets has negotiated the $67.7 million sale of three industrial buildings located within Lakeland Commerce Center in Lakeland, a city in Central Florida between Tampa and Orlando. Cody Brais, John Huguenard, Luis Castillo, Taylor Osborne, David Orta Jr. and Mia Gian of JLL represented…
Richland Capital Holdings broke ground on Lakeview Corporate Park, a new 310,000-square-foot logistics space, at 6700 Lakeview Center Drive. The Tampa Bay Business Journal reports the project will redevelop a three-story office building into two rear-load distribution buildings designed to serve a wide range of…
BayCare Health System has topped out its $563 million hospital in Palmetto. The 463,000-square-foot facility is slated to open near the end of 2028. The Tampa Bay Business Journal reports the hospital will include 154 private patient rooms and can expand to over 200 beds as demand accelerates. Emergency care,…
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Wendy’s property located at 308 West Brandon Boulevard in Brandon, Florida for $1,500,000. The 3,574 square-foot Wendy’s restaurant sits on 0.71 acres and is corporately operated by Wendy’s within the…
JACKSONVILLE, FLA. — American Landmark Apartments, a Tampa, Florida-based private equity-backed multifamily investment manager and owner-operator, has acquired two properties in Jacksonville. Mirador Apartments at River City and Stovall Apartments… The post American Landmark Apartments Buys Two Jacksonville…
The Tampa-St. Petersburg multifamily market is experiencing rebalancing as in-migration slows, with the metro projected to post its slowest annual population growth since 2011, and net absorption sharply declined in the second half of 2025 after six consecutive quarters above 2,000 units. Vacancy across Class A, B, and C properties remained in the 5 to 6 percent range heading into 2026, with construction deliveries expected to slow in some submarkets like West Pasco County-Hernando and the Peninsula while accelerating in Central Tampa and New Tampa-East Pasco County, though no deliveries are currently scheduled for 2027.
The Matthews Tampa industrial market report for Q1 2026 documents market fundamentals that softened as vacancy rose to 7.3% despite 379K SF of positive absorption, with 322K SF of new deliveries and 2.6M SF under construction continuing to pressure fundamentals. Asking rents reached $12.69/SF with annual growth of 3.4% representing a significant deceleration, while industrial sales volume totaled $240M with average sale prices at $154/SF and cap rates at 7.6%.
This is a first-quarter 2026 office market data report for Tampa, Florida published by CBRE on March 31, 2026.
This is an industrial sector data report published by CBRE on March 31, 2026, presenting first-quarter 2026 figures for the Tampa market.
Tampa Bay's multifamily market delivered 1,059 units in Q1 2026 (down 54.7% year-over-year), with 31 buildings totaling 8,908 units under construction, while stabilized occupancy fell to 91.0%, the lowest level in a decade, and effective rents declined 4.9% year-over-year to $1,806 per square foot. Investment activity remained strong with $2.0 billion in total sales, the second-highest volume in Florida, at an average sale price of $231,000 per unit, though select submarkets including East Tampa (95.5% occupancy) and Downtown Tampa (93.4% occupancy) continued to perform well.
Tampa's retail market in Q1 2026 maintained a 3.7% vacancy rate near historic lows despite negative net absorption of approximately 80,000 square feet driven by store closures and bankruptcies, while asking rents averaged $27.00 per square foot with continued quarterly growth supported by a constrained construction pipeline of roughly 800,000 square feet, most of which was preleased. The metro's strong fundamentals reflected population growth exceeding 3.4 million residents, unemployment at 3.9%, and broad tenant demand across grocers, discount retailers, fitness, and medical users, with annual investment sales volume reaching approximately $1.6 billion at a cap rate around 6.7%.
Tampa Bay's office market achieved its lowest vacancy rate since year-end 2021 at 18.2% in Q1 2026, down 110 basis points year-over-year, with the market ranking ninth nationally for annual vacancy improvements and posting 115,000 square feet of net absorption driven by major tenant move-ins including Geico's 61,000-square-foot expansion at Corporate Oaks I. Direct asking rents reached a historical high of $33.02 per square foot with Class A space commanding $36.30 per square foot (up 4.6% year-over-year), while 563,000 square feet of new leasing activity occurred in Q1 with the Westshore submarket leading at 264,000 square feet and concentrated primarily in Class A product representing 59.4% of activity.
Cushman & Wakefield's Tampa Bay retail market report for Q1 2026 shows that vacancy inched up 50 basis points year-over-year to 3.8% while remaining below the national average of 5.9%, with average asking rent rising 1.7% to $27.02 per square foot. Tampa's retail investment market recorded $324 million in total sales (up 6.9% year-over-year), ranking third-highest in Florida, with Q1 leasing activity reaching 813,000 square feet and nearly 92% of investment deals closing below $5 million.
Tampa Bay's industrial market vacancy rate decreased to 6.8% in Q1 2026, down 20 basis points quarter-over-quarter, with asking rents closing at $10.59 per square foot and reflecting a 2.6% year-over-year increase. Leasing activity totaled 1.2 million square feet in Q1, up 37.4% year-over-year, driven primarily by warehouse/distribution deals, while 1.5 million square feet remained under construction with 81% still available, expected to further elevate vacancy rates in coming quarters.
Dallas-based Baranof Holdings acquired the StorQuest Self Storage facility at 5002 S. Manhattan Ave, South Tampa, from a William Warren Group affiliate for approximately $8.25 million; the facility continues operating under the StorQuest brand.