Q1-2017 B Erhardt Tampa Bay Area Land Quarterly Report
Erhardt’s Tampa Bay Land Market Overview | Quarterly Report Q1 - 2017
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Cushman & Wakefield Market Overview – Tampa West Tampa Industrial Overview: • The overall vacancy at the end of the 1st quarter, 2017 is 4.2% compared to 5.2% a year ago and 4.5% last quarter. • Warehouse distribution is at 2.4% vacancy compared to 3.8% a year ago and 3.7% last quarter. • Office Service Center is at 8.6% vacancy compared to 9.7% a year ago and 7.3% last quarter. East Tampa Industrial Overview: • The overall vacancy at the end of the 1st quarter 2017 was 6.0% compared to 7.3% a year ago and 6.4% last quarter. • Warehouse distribution is at 6.0% vacancy compared to 7.3% a year ago and 6.3% last quarter. • Office Service Center is at 9.7% vacancy compared to 15.4% last year and 12.2% last quarter. Plant City Industrial Market Overview: • The overall vacancy at the end of the 1st quarter 2017 was 1.0% vacancy compared to 3.0% a year ago and 2.0% last quarter. • Warehouse distribution is at 1.1% vacancy compared to 4.2% a year ago and 2.5% last quarter Lakeland Industrial Market Overview: • The overall vacancy at the end of the 1st quarter 2017 was 5.1% vacancy compared to 5.0% a year ago and 3.7% last quarter. • Warehouse distribution is at 6.2% vacancy compared to 6.2% a year ago and 4.2% last quarter. • Service center is at 23.7% compared to 14.6% a year ago and 18.5% last quarter Industrial Submarket Map TAMPA BAY MSA INDUSTRIAL SUBMARKETS
56 56
54
PASCO COUNTY
581 1
Lutz
HILLSBOROUGH COUNTY
PINELLAS COUNTY
597
New Tampa
G u n n H w y
NORTHEAST LAKELAND
Carrollwood
4
NORTHWEST LAKELAND
75
East Lake Rd
Bearss Ave
Bruce B. Downs Blvd
WEST SIDE
301 1
593
Lakeland
Fletcher Ave
Palm Harbor
G u n n H w y
Fowler Ave
TOLL 589
Temple Terrace
Linebaugh Ave
E Memorial Blvd
ELLAS
Dale Mabry Hw y H Waters Ave
Florida Ave
580
58
Busch Blvd
T a m p a R d
275
E Baker St.
Sheldon Rd
41
4
Hillsborough Ave
92
Polk Pkwy
Old Tampa Bay
17
301 1
PLANT CITY
DrMartinLutherKing JrBlvd
Veterans Expwyw Tampa International Airport
Lakeland Linder Regional Airport
C o u r t n e y C a m p b e l l C a u s e w a y
Columbus Dr
EAST SIDE
Brandon
22nd St
4
Tampa
SOUTHEAST LAKELAND
County Line Road
TOLL 618
Bayside
275
Valrico Rd
K e n n e d y B l v d
Bridge
60
A d a m o D r
Kingsway Rd
Port Tampa Bay
SOUTHWEST LAKELAND
James L Redman Pkwy
How a rd Frank l a n d B r i d g e G a n d y B r i d g e
Davis Islands
L i t h i a P i n e c r e s t R d
Causeway Blvd
Lumsden Dr
St. Petersburg International Airport
Selmon Expwy
Bloomingdale Rd
ton Rd
West Shore Blvd South Tampa
LLAS
41
301 1
SOUTH TAMPA
17
Riverview
Boyette Rd
MacDill AFB
Blvd
Fish Hawk
75
H AS
Balm Riverview Rd
98
275
4th St
9th St
19
Apollo Beach
I-375
5th Ave N
49th St N
Balm Rd
Balm-Picnic Rd
rsburg
Port of St. Petersburg
I-175
37
Tampa Bay
Sun City Center
41
B a y w a y
Ruskin
674
13
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