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CoStar Insight

What to watch in Tampa Bay, Florida’s office market in 2026

Premium space in short supply as construction slows and demand remains strong
Midtown East, Tampa's newest office building completed in April 2025 that is already 95% leased. (CoStar)
Midtown East, Tampa's newest office building completed in April 2025 that is already 95% leased. (CoStar)
CoStar Analytics
January 20, 2026 | 2:20 P.M.

The Tampa Bay office sector enters 2026 after its strongest leasing year in a decade. The market recorded approximately 7.3 million square feet of leasing activity in 2025, surpassing seven million square feet for the first time since 2013.

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