Q1 2019 Tampa Bay Retail Market Report

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Unique Concepts Drive Market Leasing as Investment Activity Rebounds

Tampa Bay’s retail market saw an uptick from the prior quarter with total vacancy dropping 10 basis points and net absorption positive at 7,097 square feet. The first quarter served as a notable rebound from a slower fourth quarter as the Federal Reserve turned dovish, abandoning plans to raise rates through 2019 in response to a global market turned bearish.

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Q1 2019 Tampa Bay Retail Market Report

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