Engage in Tampa Bay

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

CURRENT SITUATION

Major Leases Quarter Leased Building Name

Gateway Office Market Breakdown

Leased SF

Tenant Name

Deal Type

Class C 270,727

2Q2019 Arrow Point Plaza

Galen College of Nursing

69,138 Renewal

Class A, 2,209,027

4Q2018 570 Carillon

Price My Ride

56,000 New

Class B, 2,047,672

1Q2020 570 Carillon

Zelis Healthcare

55,000 New

4Q2018 Baker Building-Baypoint Commerce Center

Jabil Circuit

34,956 Renewal

2Q2019 Arrow Point Plaza

Galen College of Nursing

26,026 Expansion

Class A Class B Class C

4Q2018 Baker Building-Baypoint Commerce Center

Jabil Circuit

23,765 Renewal

Overall Leasing Activity and Absorption

Overall Direct Vacancy and Rental Rates

-400,000 -300,000 -200,000 -100,000 0 100,000 200,000 300,000 400,000 500,000 600,000

$10.00 $15.00 $20.00 $25.00 $30.00

10.0% 15.0% 20.0% 25.0% 30.0%

$0.00 $5.00

0.0% 5.0%

Leasing Activity

Direct Net Absorption

Direct Net Asking Rental Rate

Direct Vacancy Rate

52 Cushman & Wakefield