13
back to table of contentsErhardt’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
o
u
r
t
n
e
y
C
a
m
p
b
e
l
l
C
a
u
s
e
w
a
y
ton Rd
Blvd
5th Ave N
How
a
rd Frank
l
a
n
d
B
r
i
d
g
e
G
a
n
d
y
B
r
i
d
g
e
West Shore Blvd
Sheldon Rd
Florida Ave
Fowler Ave
Busch Blvd
Lumsden Dr
Dale Mabry Hw
y
H
A
d
a
m
o
D
r
G
u
n
n
H
w
y
G
u
n
n
H
w
y
L
i
t
h
i
a
P
i
n
e
c
r
e
s
t
R
d
T
a
m
p
a
R
d
K
e
n
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