ORLANDO—Although Tampa's commercial real estate market is hitting on just about all cylinders, that doesn't mean there aren't still challenges. Cresa's Caleb Lewis sees the clearly.

“A challenge will be to see how tenant's react to rising rental rates in the key submarkets of the Tampa CBD, Westshore, Saint Petersburg CBD and Gateway-Carillon,” Lewis tells GlobeSt.com. “Tenant's have been in control of the market since 2008 and that paradigm has shifted in the last 12 months.”

As Lewis sees it, tenants need conflict-free consultant representing their interest as the market evolves. Cresa, of course, represents only tenants.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.