Tampa office development reaches inflection point

Demand for new space has surged, prompting many developers to respond to the need.


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  • | 6:00 a.m. May 17, 2019
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MARK WEMPLE — SoHo Capital's Adam Harden says his Heights Union project won't compete with other local office projects
MARK WEMPLE — SoHo Capital's Adam Harden says his Heights Union project won't compete with other local office projects
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Tampa’s office market hit an inflection point roughly three years ago.

After years of relative stagnation brought about by last decade’s searing economic recession, white-collar employment growth had begun to surge, pushing the need for office space upward and vacancy down to single digits.

 

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