Pending sale of Container Store-anchored retail center a potential record setter for Tampa Bay
The pending sale of The Corner at Westshore — the retail center anchored by the Container Store — has the potential to be a record setter for Tampa Bay. Patrick Berman, a senior director of retail brokerage at Cushman & Wakefield of Florida Inc., told the Westshore Alliance’s annual development forum Tuesday that a sale […]
Commercial real estate powerhouse snags fast-growing Vertical Integration
Commercial real estate powerhouse Savills Studley has acquired one of the Tampa Bay area’s fastest-growing firms, woman-owned Vertical Integration Inc. Ann Duncan, president and founder of Vertical Integration, and her team will join Savills Studley and Duncan will become head of the company’s occupier services, a statement said. Financial terms of the deal were not […]
What companies millennials favor says a lot about the economy
From bike rentals and couch surfing to transportation and travel, the so-called “sharing economy” will have a greater impact on the economy in the coming years, according to a new report. “Sharing economy” industries, including travel, car sharing, hospitality, finance, staffing and music and video streaming, have the potential to increase global revenues from $15 […]
Chinese, Middle Eastern capital chasing real estate deals in Tampa Bay
International investors are seriously looking at Tampa, adding a new source of financing that could bolster the city’s growth. “Tampa is just very well received right now,” said Daniel Peek, senior managing director of the hospitality group with HFF LP in Tampa. “Tampa presents a great growth story right now, and it’s nice to see.” […]
Howard Frankland is the traffic spot that gives TBBJ readers the biggest headache
In a survey of more than 300 Tampa Bay Business Journal readers, Interstate 275 — specifically the Howard Frankland bridge — was found to be the most complained about traffic spot. More people complained about driving on the bridge, specifically the Northbound exit at Kennedy Boulevard leading into the Westshore area, more than any other […]
Tribune’s pending real estate deal signals confidence in downtown Tampa
If the Tampa Tribune’s pending real estate deal comes to fruition, it will be a ringing endorsement of the potential for development deals in the urban core. The Tribune’s riverfront site in downtown Tampa is under contract to a developer who is planning a residential project there that could possibly include commercial uses, multiple real […]