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Erhardt’s Tampa Bay Land Market Overview | Quarterly Report Q1 - 2017

Cushman & Wakefield Market Overview – Tampa

West Tampa Industrial Overview:

The overall vacancy at the end of the 1st quarter, 2017 is 4.2% compared to 5.2% a year ago and 4.5% last quarter.

Warehouse distribution is at 2.4% vacancy compared to 3.8% a year ago and 3.7% last quarter.

Office Service Center is at 8.6% vacancy compared to 9.7% a year ago and 7.3% last quarter.

East Tampa Industrial Overview:

The overall vacancy at the end of the 1st quarter 2017 was 6.0% compared to 7.3% a year ago and 6.4% last quarter.

Warehouse distribution is at 6.0% vacancy compared to 7.3% a year ago and 6.3% last quarter.

Office Service Center is at 9.7% vacancy compared to 15.4% last year and 12.2% last quarter.

Plant City Industrial Market Overview:

The overall vacancy at the end of the 1st quarter 2017 was 1.0% vacancy compared to 3.0% a year ago and 2.0% last quarter.

Warehouse distribution is at 1.1% vacancy compared to 4.2% a year ago and 2.5% last quarter

Lakeland Industrial Market Overview:

The overall vacancy at the end of the 1st quarter 2017 was 5.1% vacancy compared to 5.0% a year ago and 3.7% last quarter.

Warehouse distribution is at 6.2% vacancy compared to 6.2% a year ago and 4.2% last quarter.

Service center is at 23.7% compared to 14.6% a year ago and 18.5% last quarter

Industrial Submarket Map

H

AS

LLAS

ELLAS

WEST SIDE

SOUTH TAMPA

EAST SIDE

PLANT

CITY

TAMPA BAY MSA INDUSTRIAL SUBMARKETS

4

East Lake Rd

41

301

597

593

60

C

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C

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Blvd

5th Ave N

How

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B

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G

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B

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West Shore Blvd

Sheldon Rd

Florida Ave

Fowler Ave

Busch Blvd

Lumsden Dr

Dale Mabry Hw

y

H

A

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D

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G

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H

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a

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R

d

K

e

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n

e

d

y

B

l

v

d

41

Columbus Dr

Waters Ave

301

Bayside

Bridge

Fletcher Ave

22nd St

Kingsway Rd

Valrico Rd

581

Bruce B. Downs Blvd

9th St

580

92

DrMartinLutherKing JrBlvd

Causeway Blvd

19

Bloomingdale Rd

B

a

y

w

a

y

49th St N

54

56

Linebaugh Ave

Veterans Expwyw

Hillsborough Ave

Boyette Rd

Balm-Picnic Rd

Balm Riverview Rd

Balm Rd

Bearss Ave

4th St

Apollo

Beach

Brandon

Temple

Terrace

Tampa

Carrollwood

rsburg

South Tampa

Riverview

New Tampa

PASCO COUNTY

PINELLAS

COUNTY

HILLSBOROUGH

COUNTY

Lutz

275

Sun City

Center

Ruskin

Fish Hawk

1

St. Petersburg

International

Airport

Old

Tampa

Bay

Tampa

Bay

MacDill

AFB

I-375

I-175

1

674

1

58

41

Davis

Islands

Palm

Harbor

56

275

275

4

4

75

75

TOLL

618

TOLL

589

Selmon Expwy

Port of

St. Petersburg

Tampa

International

Airport

301

1

Port

Tampa Bay

E Baker St.

James L Redman Pkwy

Lakeland

E Memorial Blvd

Polk Pkwy

Lakeland Linder

Regional Airport

County Line Road

37

17

17

98

SOUTHEAST

LAKELAND

NORTHEAST

LAKELAND

NORTHWEST

LAKELAND

SOUTHWEST

LAKELAND