Friday, June 8, 2012

Tampa Commercial Real Estate News - Net Lease Commercial ...

Tampa Commercial Real Estate News

Resort idea just a pie in the Skyway?

Tampa businessman Bill Blanchard?s proposal to build a resort on the south end of the Sunshine Skyway has been met with much resistance. ?We?re looking at nearly a 10 to 1 trade here,? says Blanchard. ?We give up close to 1,000 acres of mostly pristine mangrove country and wetlands in return for less than 100 acres of land at the foot of the Skyway, which is already highly impacted by dredging and filling and wave action, and which already has an off-ramp from I-275.??continue reading

Downtown?s new towers coming along

If built, the proposed 20-story office tower, 350-room luxury hotel and 1,200-space parking garage could have tremendous impact on downtown Tampa?s corporate image, as well as the type of visitors and events drawn to the city. The project would mean hundreds of short-term construction jobs and even rosier long-term economic impacts?continued reading

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Warehouse vacancy rate is an important gauge of the health of the regional economy

Warehouses are the vanilla flavor of the commercial real estate business, but their vacancy rate is an important gauge of the health of the regional economy. In the first quarter of this year, tenants absorbed 900,000 square feet of warehouse space on the Gulf Coast from Tampa to Naples. That?s enough to fill more than 15 football fields?continue reading

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