Tampa Bay, Florida, led Florida for job growth in several sectors in 2025
The education and health services sector remains a bright spot for the region
The Tampa Bay region, including Hillsborough and Pinellas counties, led the state of Florida in both percentage and nominal job growth for several sectors in 2025, according to the...
Multifamily asking rents show signs of stabilization in Fort Myers, Florida
Daily asking rents have slightly increased over the past two months
The Fort Myers multifamily market has been in the throes of a supply and demand imbalance for the better part of four years. As vacancies have risen, landlords have responded by lo...
What to watch in Tampa Bay, Florida’s multifamily market in 2026
New supply remains the central storyline as vacancy hits record highs
Tampa Bay’s multifamily market enters 2026 at a crossroads, with vacancy rates climbing to a record 10.7%, the highest level since CoStar began tracking the market in 2000.
What to watch in Tampa Bay, Florida’s industrial market in 2026
Rising vacancy masks strength in small‑bay and quality-driven demand
Tampa Bay’s industrial market enters 2026 on a distinctly different footing than it did last year.
What to watch in Tampa Bay, Florida’s retail market in 2026
Leasing activity normalizes, development stays tight, Rays’ stadium search looms over year ahead
On the surface, it appears that Tampa Bay’s retail market is entering 2026 on a weaker footing than it was just a year ago.
What to watch in Tampa Bay, Florida’s office market in 2026
Premium space in short supply as construction slows and demand remains strong
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, surpass...
Tampa Bay, Florida’s capital markets saw some improvement in 2025
Performance varied greatly by asset class
Tampa Bay surpassed $5.5 billion in total sales volume across the four main commercial real estate property types of office, industrial, retail and multifamily in 2025.
Vacancy expected to decline in Fort Myers, Florida’s industrial market in 2026
Dwindling speculative pipeline, coupled with expected strong demand, sets stage for improvement
Fort Myers’ industrial market is entering 2026 with its highest vacancy rate in over a decade, sitting at 8.8%. However, signs indicate a gradual decline in the vacancy rate over t...
Sarasota, Florida’s multifamily market likely at peak vacancy
Demand remains strong as the construction pipeline declines
Sarasota, Florida, entered 2026 with its highest multifamily vacancy rate on record since CoStar started tracking the market in 2000.
This Central Florida multifamily market punches above its weight for rental demand
Lakeland, Florida, has one of the strongest rates of renter demand in the state
Lakeland has one of Florida’s smallest major multifamily markets with just under 35,000 units. The region’s population has grown significantly over the past five years, increasing ...
Lakeland, Florida’s industrial market poised for further improvement
Record absorption, robust leasing, limited new supply set stage for continued tightening
The Lakeland industrial market delivered one of its strongest performances in years during 2025, and momentum is expected to carry into 2026.
Fort Myers, Florida’s multifamily market enters 2026 on shaky footing
Vacancy rate at 25-year high, asking rents declining at a historic pace
The Fort Myers multifamily market continues to grapple with a supply and demand mismatch, resulting in vacancy rates reaching a 25-year high.
Medical office market in Tampa Bay outperforms traditional counterparts, despite recent softening
Leasing surge and hospital expansion signal long-term resilience
Tampa Bay’s medical office market continues to outperform its traditional office counterpart, even as recent closures by large physician groups have led to a temporary softening in...
Here are the places where the small bay industrial sector is thriving
Richmond, Tampa, Nashville, Columbus, Salt Lake City and Miami are the national leaders based on leasing momentum and rent gains
A disparate group of markets has emerged as the top performers for the small bay industrial sector, albeit based on different factors. The standouts include Richmond, Virginia; Tam...
Tampa Bay, Florida’s office vacancies concentrated in aging suburban buildings
Small group of properties holds disproportionate share of market’s vacant square footage
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.
Florida’s largest industrial markets take diverging paths in 2025
I-4 Corridor large-logistics availability declines as South Florida hits decade-high
Florida’s largest industrial real estate markets are showing signs of divergence in the fourth quarter of 2025, with the I-4 Corridor experiencing renewed momentum in large-logisti...
Tampa Bay office investment sales volume climbs 10% year over year
Medical office and redevelopment deals dominate as traditional trades remain limited
Tampa Bay’s office investment sales volume reached approximately $785 million through the end of the third quarter of 2025, marking a 10% increase over the same period last year.
Tampa Bay leads Florida in office leasing
Flight to quality drives demand for top-tier buildings as older properties lose tenants
Tampa Bay is leading Florida in office leasing activity, with tenants increasingly gravitating toward newer, high-quality buildings. The market’s momentum is driven by a flight to ...
Retail space leases fast in Tampa Bay
New availabilities drive rebound in tenant demand and leasing velocity
Retail leasing activity in Tampa Bay is surging at a historic pace, with new availabilities fueling a rebound in tenant demand and leasing velocity.
Sales of retail buildings hits $1 billion in Tampa Bay
Larger deals gain momentum as market remains strong through third quarter
Tampa Bay continues to attract robust retail investment deals, ranking as the retail market with the second most transactions in Florida through this year’s third quarter.