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Click below for 1st Quarter Pinellas Industrial Trends:
1st Q Pinellas Industrial Trends [PDF File, direct download]

Here is our trends report for the Office commercial real estate market in Pinellas County. Overall we have seen a rise in rental rates, but vacancy has been up and down, depending on the submarket. Bayside and South Pinellas saw slight declines in vacancy, but there was an increase everywhere else.
For the full trends reports, […]

Here is our trends report on the Industrial and Flex commercial real estate market in Pinellas County for the 2nd quarter of the year. Overall we have seen a tightening of the market. Vacancy has gone down, and there is no new construction to speak of. With the lack of space available, average asking rents […]

Construction is winding down on a new venture at Sarasota/Bradenton International Airport, Hangarminiums. Rectrix Aviation is building a 22-acre development that will lease hangar space to large private aircraft, as well as house a passenger facility and 24-hour line services for planes based out of the airport, and those just passing through.
Rectrix aquired Sarasota/Bradenton’s former […]

Florida International University’s Center for Leadership has released their list of the state’s top 50 women-led businesses(.pdf document direct link), and the Tampa Bay Area had an extremely strong showing. 13 companies were on the list –which is ranked by revenue — including Peter R. Brown Construction (president Judy Mitchell) at number 2.
Rounding out the […]

MetLife Inc. is all set to go before the Tampa City Council tonight to get a re-zoning of their 32 acre campus at 4010 W. Boy Scount Blvd. They have held the property since the 70s and have a 240,320 square foot office building there, as well as a few smaller buildings. The plan is […]

Dr. Stephen Leatherman, aka “Dr. Beach” has come out with his annual list of the 10 best beaches in the country, and the Bay Area has yet another strong showing.
Caladesi Island in Clearwater came in number 2 on the list for the second year in a row, and Siesta Key near Sarasota bookended the list […]

The Greater Tampa Chamber of Commerce succeeded in bringing higher paying jobs to the Bay Area over the last year. The average yearly salary of jobs brought in this year was $52,362, up 35% from the $38,796 average of jobs brought to the area in 2005.
Unfortunately this came at the expense of the number of […]

The Pinellas County Metropolitan Planning Organization is currently working on a “Livable Communities Model Objectives and Policies” document to guide them in their ongoing quest to redevelope some areas of the county.
From their site:
The term “livable communities” is used to describe urban environments where walking, bicycling and transit service is safe, comfortable and efficient and […]

The City of St. Petersburg’s Economic Department finished up their 2007 Survey of St. Petersburg Businesses for International Trade Activity. Some interesting notes:

Local businesses engaged in international trade had jumped from 34% to 62% in the last four years, and over half of the 38% […]