Engage in Tampa Bay_Q419

THERE ARE NO EXISTING 100,000 SF BLOCKS OF VACANT SPACE IN THE MARKET

CURRENT SITUATION

Class A Direct Vacancy and Rental Rates

$10.00 $15.00 $20.00 $25.00 $30.00

25.0%

Major Leases Building

20.0%

Tenant

SF

Deal Type

15.0%

Pasco Building-Baypoint Commerce Center United Healthcare

19,311

Renewal

10.0%

570 Carillon

Price My Ride

56,000

New

5.0%

$0.00 $5.00

Arrow Point Plaza

Galen College of Nursing

70,000

New

0.0%

Bay Vista Pavilion

Emcare

93,069

New

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q3

Roosevelt Corporate Center III

Bankers Financial Corporation

111,357

Renewal

Direct Net Asking Rental Rate

Direct Vacancy Rate

Class A Direct Vacancy and Rental Rates

Class A Leasing Activity and Absorption

$10.00 $15.00 $20.00 $25.00 $30.00

25.0%

400,000

20.0%

300,000

15.0%

200,000

10.0%

100,000

5.0%

0

$0.00 $5.00

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q3

0.0%

-100,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q3

-200,000

Direct Net Asking Rental Rate

Direct Vacancy Rate

Leasing Activity

Direct Net Absorption

Class A Leasing Activity and Absorption

50 Cushman & Wakefield

400,000