Tampa Bay emerges as one of nation’s hottest industrial markets


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Warehouses lack the glamour of luxury homes, but they are helping make the Tampa Bay area one of the nation’s hottest emerging industrial markets. The bay area vaulted from No. 28 to No. 10 last year in net leasing of distribution and light industrial space, according to a new report by Colliers International. Overall vacancy rates dropped to 6.3 percent…

Which Tampa Bay neighborhood home values will rise most this year? The answer may surprise you.

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Most Tampa Bay residents have never heard of Westminster Heights. But the St. Petersburg neighborhood could give a lot of bang for the buck when it comes to investing in real estate this year. Lying south of Central Avenue between 49th and 58th Streets S, Westminster Heights tops Zillow’s list of the five bay area neighborhoods expected to show the…

Tampa Bay homes values soared in 2016 but so did rents

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Happy New Year, Tampa Bay — you’re worth more than you used to be. In the year just ended, the total value of the bay area’s housing stock soared 10.3 percent, nearly twice as much than the nation as a whole, according to a new report from Zillow. Dollar-wise, bay-area homes collectively exceed the market value of such giants as…

Downtown St. Petersburg’s condo boom shows no signs of slowing

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Fresh from a $10.5 million facelift, one condo tower is again in high demand. Another tower, not yet finished, already is sold out with a double-digit waiting list. And a third boasts Tampa Bay’s priciest residential sale this year. Yes, St. Petersburg downtown condo boom is more torrid than ever. “I don’t see anything changing that,” says David Traynor, vice…

The price of homes in the Tampa Bay area continues to soar

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Tampa Bay home prices continued to soar in October, with Hillsborough County recording its biggest year-over-year gain since January. Pinellas, Pasco and Hernando counties also showed dramatic increases as buyers vied for an exceedingly tight supply of single-family homes — Pasco had less than a three-month inventory. And even though interest rates have risen slightly since the presidential election, there…

Tampa is the second best city in the nation to invest in real estate, study finds

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It has a hot, muggy climate, dangerous mosquitoes and a never-ending string of bizarre-o happenings. Still, Florida remains one of the nation’s best places to invest in real estate, and Tampa is one of the best cities to invest in. That’s according to GoBankingRates, which ranks Tampa second among the top 15 U.S. cities in which to own investment property….

Development is making St. Pete and Tampa downtowns more pedestrian friendly

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All those apartments, condos and houses going up in and around downtown St. Petersburg are giving the city a boast-worthy distinction — it’s among the nation’s top 10 urban areas for “walkable new construction.” And Tampa isn’t far behind, according to the national real estate brokerage Redfin. While many parts of the Tampa Bay area remain inconducive to a pleasant…

Sundial shopping center in downtown St. Petersburg is for sale

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Sundial, downtown St. Petersburg’s entertainment and shopping complex, is for sale. Developer Bill Edwards bought the once-troubled property, which was then known as BayWalk, in 2011 for $5.2 million. He heavily remodeled it and lured an impressive array of shops and restaurants. Rumors had swirled for some time that the property would be sold. It was listed Wednesday. Within a…