Engage in Tampa
PAGE 17
CUSHMAN & WAKEFIELD
INVENTORY (SF) I-75 Corridor
MAJOR EMPLOYERS Syniverse
Hillsborough County’s I-75 corridor is widely regarded as one of the most presti- gious office submarkets in Tampa Bay. The submarket is located in the eastern portion of the County with superior access to Tampa Bay’s major roadways, such as the Selmon Crosstown Expressway, Interstates 75, 275 and 4, US Highway 301, and State Road 60. The submarket’s accessibility and afford- ability has attracted high profile companies such as Johnson & Johnson, Chase, CitiCorp, Progressive Energy, Coca-Cola, Spectrum, and USAA, which all have large operation
centers in the submarket. One reason the area is attractive is because it provides a cost-effective alternative to Tampa’s CBD and Westshore submarkets. It also has significant land that allows for secure multi-building campus style office parks. Its strategic location provides a bridge to the I-4 Corridor and major markets in Central Florida.
8.1M 4.3M 3.1M TOTAL CLASS A CLASS B
MetLife
USAA
Depository Trust Clearing Corp.
Johnson & Johnson
CitiCorp
$27.07 PSF DIRECT RENT
19.6% DIRECT VACANCY
280k SF LEASING ACTIVITY
-251k SF DIRECT ABSORPTION
DIRECT RENTAL AND VACANCY RATES
LEASING ACTIVITY & DIRECT ABSORPTION
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