Service Line - Office
When it comes to investing in, selling or leasing office building commercial real
estate, Team Hager provides the necessary tools to ensure both buyer's and seller's
goals are being met. Our methodology for office building property valuation is a
culmination of detailed financial analysis, market analysis and operating analysis.
This methodology is consistent throughout all investment property types we represent,
such as multi-family, retail and hospitality. Our goal is to produce the best results
for all parties involved using a proven analysis method that is sure to meet the
needs of the most scrutinous property owners and investors.
Tampa Bay MSA Market Facts:
The office sector in Tampa is moderate, with indicators such as vacancy
rates, new construction, absorption, employment growth, subleases declining, downsizing
slowing, Landlord incentives, market statistics, size of tenant requirements, and
negotiable rental rates, places Tampa in the moderate phase of the office cycle.
This is good news for tenants, owners and investors. With over 44 million SQ.FT.
of office space, vacancy rate of near 20% and average annual net absorption truly in the favor
of the tenant, the Tampa Bay MSA Market is set to explode when demand returns fully.
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