Midyear Report Shows Positive Outlook For Tampa Bay Real Estate Market

The CB Richard Ellis Florida Midyear 2010 Market Perspective includes an analysis of Florida commercial real estate sectors in Miami-Dade, Broward, Palm Beach, Southwest Florida, Jacksonville, Orlando and Tampa Bay.

Statistics show that Tampa Bay's investment market has echoed the economy's slow recovery for the first half of 2010, according to the report.

The report also gives detailed examples of sales activity in the greater Tampa Bay area, including the sale of the former Albertson's Distribution center in Plant City that occurred in January. The $31.5 million sale of the space, adding up to more than 1 million square feet of property, to Gordon Food Service was reportedly the largest industrial sale in Tampa Bay history.

Check out the website to download the entire report.

Read the Tampa Bay report.

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