What They're Saying: JLL

Surging industrial sector in Tampa is expected to continue in 2020, while office development remains in the "peaking phase" of the economic cycle

  • By Kevin McQuaid
  • | 6:00 a.m. January 31, 2020
  • | 0 Free Articles Remaining!
MARK WEMPLE — Tampa's job growth in recent years has spurred new office and industrial development that shows no signs of slowing, JLL says.
MARK WEMPLE — Tampa's job growth in recent years has spurred new office and industrial development that shows no signs of slowing, JLL says.
  • Commercial Real Estate
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Commercial real estate brokerage firm JLL, in a series of recent reports on the Tampa-area and Polk County markets, concludes that industrial absorption in the final quarter of last year was strong and is expected to continue in 2020, but the area’s office market remains solidly in a “peaking phase” in Tampa – especially in downtown and Westshore.

 

 

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