(1).jpg "Image treatment")
Strong leasing activity carries into the new year
Tampa Bay recorded a strong finish to the year, with 1.1 million square feet (msf) of leasing activity in the final quarter, exceeding the fiveyear average. The quarter’s largest transaction was a notable recommitment, as Bank of America renewed its 88,000-square-foot (sf) flagship lease at 101 E. Kennedy Boulevard in Tampa’s CBD. Also noteworthy, Elite Insurance Partners completed a 51,676-sf expansion to occupy its entire building at Renaissance Center, bringing the office park to full occupancy alongside tenants such as WellCare, Fisher Investments, and New York Life Insurance. Midtown East, Tampa’s newest trophy office property, landed two sizable relocations including TeamViewer’s new U.S. headquarters and Deloitte, each for a full-floor and 26,389 sf.