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Tampa Bay, Florida’s office vacancies concentrated in aging suburban buildings

Small group of properties holds disproportionate share of market’s vacant square footage
An aerial view of downtown Tampa, Florida. (CoStar)
An aerial view of downtown Tampa, Florida. (CoStar)
CoStar Analytics
November 13, 2025 | 3:16 P.M.

Tampa Bay’s office vacancy is increasingly concentrated in a small subset of aging buildings located in outer suburban areas, underscoring the market’s ongoing flight to quality.

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