4 January Headlines for People Working in Tampa Offices

27 Jan 2022

january office space news tampa florida

If you work in a local Tampa office and are clicking around the Internet while waiting for files to download, here are a few headlines that you might helpful!

Home health care company to close Tampa Bay offices, lay off 680+ workers

“Bayada Home Health Care will shut down its office operations in Tampa Bay, laying off a total of 682 local employees.

The New Jersey-based company notified the state through the Worker Adjustment and Retraining Notification Act that it plans to close four of its local Assistive CareState Program offices April 1.

The four Tampa Bay area offices and the number of employees affected are:

  • Brooksville: 306 employees
  • Brandon: 150 employees
  • Port Richey: 144 employees
  • Clearwater: 79 employees

Additionally, the company will lay off three remote workers.”

Read the full story here at Catalyst

Two for 2022: A look at commercial real estate in the new year

“That start of a new year comes with optimism, with feelings that anything is possible and change is on the horizon.

But the reality, once the champagne wears off, is the new year is just a designation on the calendar, a continuation of the previous year. That designation, though, is a powerful one, allowing for both reflection and for a look forward.

With that in mind, the Business Observer reached out to five commercial real estate experts in the region with two questions for 2022. The first question: As we head into the new year, what’s your biggest concern and what can you do to address it? The second question: What are your projections/predictions for the market in 2022?”

The five Tampa Bay area commercial property experts weighing in are:

  • Kyle Koller, field research manager for Florida at CBRE, Tampa
  • Matt Price, CEO and partner at Seagate Development Group, Fort Myers
  • Danny Rice, executive managing director, market leader central and west Florida at Colliers, Tampa
  • Julia Silva, managing director, industrial JLL, Tampa
  • Justin Thibaut, president at LSI Cos., Fort Myers

Read the full story here at Business Observer

Florida commercial real estate news roundup 2021

“The Central Florida commercial real estate market has been a standard bearer for many years across multiple CRE sectors. Despite the current pandemic and the challenges that have arisen over the past year and a half, new, major developments took place and many property refinances were sealed in several locations in Central Tampa, Central Florida, and across the state as a whole.

Meanwhile, domestic and international investors contributed to the market, and overall the financial data in Florida’s CRE remains positive.

Bounat has compiled some of the commercial real estate news highlights and attention-grabbing headlines around Central Florida in order to shine a light on the current state of the Florida real estate market.”

Read all the top headlines at Bounat

“Elizabeth Dvorak decided in December to move her company, office furniture distributor Workscapes, out of downtown Tampa.

Workscapes had spent five years headquartered at the BMO Harris Plaza tower, but struck a deal to lease a working showroom and distribution center in about 32,000 square feet of new warehouse space near Ybor City. That’s more than four times the space it had downtown. The company plans to move in the fall.

Workscapes isn’t the only company that’s moved or grown locally in the past year. After several fallow months during the heart of the coronavirus pandemic, Tampa Bay’s office market appears to be on a slight upswing.

About 900,000 square feet of new commercial space has hit Tampa Bay in 2021, according to real estate data tracking firm CoStar Group, which has kept the market’s vacancy rate fairly high. Yet demand has remained strong enough that, from April to June, Tampa Bay still saw positive absorption for the first time since last summer.”

There’s a lot of great information in this article – click here to read more at the Tampa Bay Times.

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