State of the Market - Westshore

SNAPSHOT tampa bay msa

The Tampa-St. Petersburg- Clearwater (MSA) on Florida’s West Coast is composed of Hillsborough, Pinellas, Pasco, and Hernando counties. The region contains the third and fourth largest cities in the state, Tampa and St. Petersburg. With over 3.0 million people, Tampa Bay is the third largest MSA in the Southeast.

Recent Expansions and Relocations • AAA – Westshore 150,000 SF Headquarters • Amgen – Westshore 125,000 SF Headquarters • Greenway Health – Westshore 130,000 SF Headquarters Expansion • Ironman – Westshore Headquarters Expansion (70 New Jobs)

Hernando

Pasco

Pinellas

Hillsborough

• USAA - I-75 Corridor 240,000 SF Expansion • Ashcomm (Ashley Furniture Industries) - Ybor City 35,000 SF U.S. E-Commerce Headquarters • SPP (Cascade Investment, LLV & Jeff Vinik) - Channelside, Tampa CBD - 50 Acre Development 9,000,000 SF urban multi-use project • MIdtown Tampa - Westshore Suburban Mixed-Use Development 22 Acres, 1.8 Million SF • PwC - Westshore

Average Income: $67,510

Population Growth (2012-2017): 7.9%

1,274,300 Employed

150,000 SF Expansion • BayCare - Westshore 73,180 SF Expansion • Surgery Partners - Westshore Headquarters

Job Growth: 3.0%

Residential: 1,442,461

Office Inventory: 31,068,526 SF

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