...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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National Office Sector Report (Q1 2015)