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Tampa Bay’s medical office market continues to outperform its traditional office counterpart, even as recent closures by large physician groups have led to a temporary softening in fundamentals.

Early infrastructure work is underway on Kinfield, a 785-acre mixed-use development in Pasco County. The project will feature millions of square feet of industrial, commercial, and office space plus residential and hotel components—creating major opportunities for commercial real estate services in Tampa Bay.

The Federal Reserve just pulled a move that has the financial world buzzing—its first interest rate cut in nine months. And hold onto your hats, because two more cuts are expected before the year's end. This isn't just a blip on the radar; it's a seismic shift that could ripple through your investments and savings. Stay tuned as we break down how this economic forecast might reshape everything from market impact to your bottom line.

Wesley Chapel is quickly emerging as one of Tampa Bay’s most sought-after commercial real estate markets. With rapid population growth, expanding retail and office developments, and a prime location along I-75, the community offers unmatched opportunities for businesses and investors. Discover why Wesley Chapel is becoming a true commercial hotspot and how Nye Commercial Advisors can help you make the most of this dynamic market.

The Tampa real estate market is undergoing a dynamic transformation, with resilient demand significantly shaping its course. Despite a rise in new construction in areas like New Tampa-East Pasco County and Brandon-Southeast Hillsborough, vacancy compression and rent growth remain predominant.

As of mid-2025, Tampa’s retail vacancy rate remains low at just 3.4%–3.5%, reflecting strong demand and limited available space compared to the national average.

For the first time since 2021, absorption, the net change in occupied units, has outpaced completions over the trailing 12-month period, pushing the region’s vacancy rate down by nearly 100 basis points to 9.3%.

Navigating the complexities of real estate development requires more than just securing the perfect location. For investors and developers, preventing project delays and managing investor risks start with understanding the nuances of DOT due diligence.