Q1 2021 Engage in Tampa Bay

THE I-75 CORRIDOR IS A KEY MARKET FOR CAMPUS-STYLE CORPORATE TENANTS

CURRENT SITUATION

Office Market Breakdown

Major Leases Quarter Leased Building Name

Tenant Name

Leased SF Deal Type

Class C, 548,090

Class A, 1,461,477

3Q2020 12906 Tampa Oaks Boulevard Liberty Mutual

20,774

Renewal

4Q2020 Netpark at Tampa Bay 3Q2020 8875 Hidden River Parkway 2Q2020 8600 Hidden River Parkway 2Q2020 5118 N 56th Street 3Q2020 18205 Crane Nest Drive

Infosys Regus

20,460 20,430

New

Class A, 4,148,334

Class B, 3,021,081

Renewal Renewal

Department of Financial Services 14,319

Medicareinsurance.com

12,338

Direct Direct

Class C, 62,111

Advocates for Disabled Veterans 11,416

1Q2021

6302 Corporate Center

Career Source

11,181

New

Class A Class B Class C

Class B, 494,014

Overall Direct Vacancy and Rental Rates

Overall Leasing Activity and Absorption

$18.00 $19.00 $20.00 $21.00 $22.00 $23.00 $24.00 $25.00

25.0%

1,000,000

Overall Leasing Activity and Absorption

800,0

1,000,000

20.0%

800,000

600,000

15.0%

600,000

400,000

400,000

10.0%

200,000

200,000

0

5.0%

0

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 YTD 2011 2012 2013 14 2015 2016 2017 20 8 2019 020 2021 YTD

(200,00 )

(200,000)

0.0%

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 1Q21

(400,000)

(400,000)

Leasing Activity Direct Net Absorption Leasing Activity Direct Net Absorption

Direct Gross Asking Rental Rate

Direct Vacancy Rate

36 Cushman & Wakefield