Whether you have an in-house CFO or you outsource for your financial services, it’s crucial to know just how much to set aside in the budget for your office space needs.
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When looking for office space in the Tampa Bay area, it’s important to understand how the market is doing. This not only impacts your search, but also your future lease. A low inventory of market space is the current pulse of the market, meaning what used to be a more Tenant-friendly market has now shifted gears and is becoming more favorable for Landlords. According to research done by Colliers International, they have found that Tampa Bay’s office occupancy rate continued to rise as a result of the area’s job growth, economic expansion and market vibrancy over the past 24 months.
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