Law firm moving, expanding
July 9, 2015

...Tampa Bay rents edging up Office tenants in Tampa Bay’s premier towers are paying more effective rent than in 2007, the peak of the market nearly a decade ago.

Brokerage firm Savills Studley’s annual “Effective Rent Index” for Tampa found tenants are paying $22.03 per square foot, up 5% from a year ago and more than the $21.92 paid in 2007. Gross rent also hit a new high of $28 per square foot, up 2.8% from a year ago.

For the balance of this year, Savills expects landlord optimism to fuel an additional bump of roughly 7%...

Law firm moving, expanding

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