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Population growth fuels medical office demand in Tampa Bay

CoStar Group releases a new quarterly medical office report for major markets across the US
CoStar Analytics
June 12, 2025 | 2:21 P.M.

Over the past decade, the medical office market has emerged as a distinct asset class, clearly diverging from traditional office market fundamentals. This trend has been true across the country and certainly in the Tampa Bay area. With roughly 24 million square feet of medical office inventory, Tampa Bay has one of the largest medical office markets in the southeast.

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