Q1 2021 Engage in Tampa Bay

LIMITED LARGE BLOCK OF SPACE IN THE SUBMARKET

CURRENT SITUATION

Gateway Office Market Breakdown Gateway Office Market Breakdown

Major Leases Quarter Leased Building Name

Class C 270,727

Leased SF

Tenant Name

Deal Type

1Q2021

100 Carillon Parkway

General Dynamics

77,955

New

Class A, 2,209,027 Class A, 2,209,027

Baypoint Commerce Center/805 Executive Center Drive W CrossBorder Solutions

Class B, 2,047,672 Class B, 2,047,672

1Q2021

31,322

Sublease

1Q2021

15950 Bay Vista Drive

Vology

11,046

Sublease

Class A Class B Class C Class C Class l ss

Overall Leasing Activity and Absorption r ll i ti i i

Overall Direct Vacancy and Rental Rates

-200,000 -100,000 0 100,000 200,000 300,000 400,000 500,000 600,000 -2 0, 0 -1 0, 0 0 1 0, 0 2 0, 0 3 0, 0 4 0, 0 500,000 6 0, 00

$30.00

25.0%

$25.00

20.0%

$20.00

15.0%

$15.00

10.0%

$10.00

5.0%

$5.00

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 YTD 20 1 2012 20

0.0%

$0.00

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

Leasing Activity L asi Activit

Direct Net Absorption i

Direct Net Asking Rental Rate

Direct Vacancy Rate

50 Cushman & Wakefield