Tampa CBD Skyline Report

Skyline CLASS A OFFICE PROPERTIES COMPREHENSIVE SPACE ANALYSIS DOWNTOWN TAMPA

2020 SEPTEMBER

1

41

5,097 SF

40 39 38 37 36 35

13,427 SF

2,360 SF

17,685 SF

2

34 6,732 SF AIF W/ NOTICE 33 16,691 SF AIF W/ NOTICE

4,742 SF

32 31

3,410 SF

2,849 SF

20,000 SF AIF 30 Days

30

5,596 SF

3

29

7,000 SF

28

994 SF

27 26 25 24 23

7,940 SF

14,298 SF

2,064 SF

4,612 SF 2,835 SF

4

1,987 SF

22 16,459 SF 21

5,268 SF

1,286 SF

20

2,031 SF

19 8,723 SF

2,233 SF

6,891 SF

1,978 SF

18 2,796 SF

3,324 SF

11,955 SF

5

4,412 SF

3,270 SF

17

4,822 SF

11,580 SF

16 3,014 SF

5,118 SF

9,095 SF

8,239 SF

15

Parking

17,068 SF

8,011 SF (Direct & Sublease)

14

Parking

2,626 SF

11,262 SF

1,430 SF

3,129 SF

6

13 3,092 SF / 5,916 SF AIF No 13th Floor

Parking

No 13th Floor

14,338 SF

3,300 SF

3,427 SF

12

Parking

9,371 SF

4,430 SF

910 SF

11

Parking

4,813 SF

2,713 SF

3,259 SF

725 SF

10

Parking

3,507 SF

16,489 SF

2,409 SF

7

9 27,728 SF

Parking

Parking

4,757 SF

16,369 SF

7,864 SF

8

Parking

Parking

7,542 SF

1,917 SF

13,779 SF

1,868 SF W/ NOTICE / 4,998 SF

7

Parking

Parking

7,593 SF

3,411 SF

2,650 SF AIF W/ NOTICE

6

Parking

Parking

6,503 SF

8

5

Parking

Parking

6,051 SF

13,258 SF

4

Parking

Parking

4,398 SF

1,383 SF

3 27,656 SF

Parking

Parking Parking

4,592 SF 7,700 SF

2

2,270 SF

1

3,455 SF

SunTrust Financial Centre

Bank of America Plaza

Tampa City Center

100 North Tampa

Rivergate Tower

Wells Fargo Center

Fifth Third Center

WeWork Place

Year Built/ Renovated

1981/1993

1992

1992

1986

1988

1984/2014

1981

1981/1997

The Prudential Insurance Company

Owner Banyan Street Capital

Highwoods Properties Highwoods Properties

Banyan Street Capital

Banyan Street Capital

Tower Realty Partners

Farley White Interest LLC Parkway

Cushman & Wakefield

Cushman & Wakefield

Leasing Total SF

CBRE

CBRE Feldman Equities

CBRE

Parkway

757,425

526,326

552,610

786,419

515,965

394,808

281,187

296,082

# of Floors

38

36

42

41

31

22

19

19

Direct Rental Range $31.00-$34.00 $36.00-$39.00 $37.00-$39.00 $32.00-$39.00 $33.00

$32.00

$29.00

$29.50

Parking Ratio

2.20/1,000 1.03/1000

1.21/1000

1.60/1000

1.50/1,000 1.30/1,000 1.00/1,000 1.30/1,000

Largest Contiguous Space Total Available SF Total Vacant SF

27,658

20,000

17,579

9,371

16,369

14,338

16,489

38,900

148,779 119,440

42,309

45,656 42,332

65,836 65,836

93,470 93,470

56,361 52,934

65,490

41,786 34,010

8,011

50,112

Available % Vacancy %

20% 16%

8%

8% 8%

8% 8%

18% 18%

14%

23% 18%

14% 11%*

2%*

13%*

*CoWorking space not included in vacancy rate

9

41 40 39 38 37 36 35 34 33 32 31 30 29 28 27 26 25 24 23 22 21

DOWNTOWN TAMPA FLOOR-BY-FLOOR OFFICE SPACE ANALYSIS

SEPTEMBER 2020

10

FUTURE AVAILABILITY

DIRECT

SUBLET

11

©2020 Cushman & Wakefield. All rights reserved. The material in this presentation has been prepared solely for information purposes, and is strictly confidential. Any disclosure, use, copying or circulation of this presentation (or the information contained within it) is strictly prohibited, unless you have obtained Cushman & Wakefield’s prior written consent. The views expressed in this presentation are the views of the author and do not necessarily reflect the views of Cushman & Wakefield. Neither this presentation nor any part of it shall form the basis of, or be relied upon in connection with any offer, or act as an inducement to enter into any contract or commitment whatsoever. NO REPRESENTATION OR WARRANTY IS GIVEN, EX- PRESS OR IMPLIED, AS TO THE ACCURACY OF THE INFORMATION CONTAINED WITHIN THIS PRESENTATION, AND CUSHMAN & WAKE- FIELD IS UNDER NO OBLIGATION TO SUBSEQUENTLY CORRECT IT IN THE EVENT OF ERRORS.

3,369 SF

750 SF

3,439 SF

1,839 SF

12

1,540 SF

8,380 SF

20

15,422 SF AIF W/ NOTICE

19

13

18

4,060 SF

6,831 SF

17

16 15

2,287 SF

14

14

8,800 SF

13

12

4,067 SF 2,623 SF

2,140 SF 2,520 SF

4,817 SF

6,652 SF

11

10

15

1,242 SF

8,098 SF

9

11,556 SF W/ NOTICE

8

7,594 SF

7

Parking

26,421 SF

6

16

Parking

26,421 SF

5

Parking

26,421 SF

4

3,392 SF

Parking Parking 2,654 SF

3 2

883 SF

17,141 SF

2,830 SF

1

The Offices at Sparkman Wharf

Two Harbour Place

Heights Union West

Heights Union East

1001 Water Street

400 Channelside

Park Tower One Harbour Place

Year Built/Renovated

1973/1987

1985/2015

1998

City Office REIT, INC.

Highwoods Properties Highwoods Properties

AMP Capital Investors

Owner

Feldman Equities, LLC

Cushman & Wakefield

Cushman & Wakefield

Cushman & Wakefield

Leasing Total SF

JLL

474,596

195,695

188,455

# of Floors

26

9

12

Direct Rental Range

$29.00

$34.00

$35.00

Parking Ratio

0.86/1,000 3.50/1,000 4.00/1,000

Largest Contiguous Space Total Available SF

7,594

3,392

10,989

77,786 59,844

3,392

33,777 15,569

Total Vacant SF

0

Available % Vacancy %

16% 13%

2% 0%

18%

8%

16 CLASS A BUILDINGS

QUARTER CHANGE

10.6% VACANCY $30.01 AVERAGE ASKING RATE (FS)

144,276 SUBLEASE AVAILABILITY SF 178,203 FUTURE AVAILABILITY SF

560,162 AVAILABLE SF

5.283M TOTAL INVENTORY SF

HISTORIC YBOR

13 12

THE HEIGHTS

PORT TAMPA BAY

ENCORE

275

589 TOLL

S MERIDIAN AVE

E TWIGGS ST

DOWNTOWN TAMPA

8

E JACKSON ST

2

9

1

7

16

N FLORIDA AVE

4 5

14

N ASHLEY DR

W CASS ST

N FRANKLIN ST

HILLSBOROUGH RIVER

15

3

CHANNELSIDE DRIVE WATER STREET

6

W KENNEDY BLVD

S FRANKLIN ST

S BENEFICIAL DRIVE

SELMON EXPRESSWAY

GARRISON CHANNEL

HARBOUR ISLAND

S HARBOUR ISLAND BLVD

11

10

HYDE PARK

DAVIS ISLANDS

13. HEIGHTS UNION EAST 14. 1001 WATER STREET 15. 400 CHANNELSIDE 16. SPARKMAN WHARF

1. TAMPA CITY CENTER 2. SUNTRUST FINANCIAL CENTRE 3. 100 NORTH TAMPA 4. BANK OF AMERICA PLAZA 5. RIVERGATE TOWER 6. WELLS FARGO CENTER MICHELLE MCMURRAY Associate Director Florida Research +1 813 20 5373 michelle.mcmurray@cushwake.com

7.

FIFTH THIRD CENTER

8. WEWORK PLACE 9. PARK TOWER

10. ONE HARBOUR PLACE 11. TWO HARBOUR PLACE 12. HEIGHTS UNION WEST

EXISTING

UNDER CONSTRUCTION