NEWS & INSIGHTS
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Tampa Bay real estate.
Market reports, deals, and development news we’re watching, plus updates from the Kennedy team.
Showing all 12 articles.
Tampa Bay office demand rebounds in the third quarter
The market absorbed nearly 212,000 square feet in Q3, its strongest quarter since the second quarter of 2025. Class A buildings accounted for 78% of the gains, and Westshore led every submarket. Read the report at Cushman & WakefieldHigher rates squeeze Tampa Bay apartment owners
Loans from the 2021 and 2022 buying boom are coming due at roughly twice the interest rate. With occupancy at a decade-low 91%, many owners must add capital or sell. Read the story at Tampa Bay Business & WealthRays ballpark clears its final local vote
Hillsborough County commissioners approved the $2.3 billion stadium and mixed-use district 5-2, a day after Tampa City Council voted 4-3. It will rise on Hillsborough College’s Dale Mabry campus. Read the story at WUSFTampa retail vacancy holds near 4%
Vacancy measured 3.9% in Q2, and asking rents rose 3% to $27.57 per square foot. Most new availability is in larger-format spaces, not a broad pullback by retailers. Read the report at MatthewsThree-building industrial portfolio trades off-market
East Capital Partners and Westport Capital Partners bought 169,055 square feet in the Tampa Airport and East Tampa submarkets with a $23.15 million loan. The buildings are 90% leased to 11 tenants. Read the story at Tampa Bay Business & WealthWestShore Plaza sells for $135 million
Third Lake Partners bought the 57-year-old mall after an earlier buyer walked away. The site is already approved for mixed-use redevelopment, part of a wave of similar plans along Dale Mabry. Read the story at FOX 13 Tampa Bay
Greyhound Bus Station Acquisition
Kennedy Investments acquired the Greyhound Bus Station property in downtown Tampa, part of its plan to redevelop the North End.Read the announcement
Hurricane Ian – Post Storm Update
After Hurricane Ian, the Kennedy team inspected dozens of properties within 48 hours. All came through with little to no damage.Read the announcement
Frontier EAX Building Acquisition
Kennedy Investments acquired the 210,000-square-foot EAX Building at 610 E. Zack Street from Frontier Communications in a sale-leaseback.Read the announcement
Kennedy Investments Acquires Jetton Office Building
Kennedy Investments bought an 18,000-square-foot South Tampa office building at 3709 W. Jetton, beating several other bidders with an all-cash offer.Read the announcement
The Keys at Cotee River Investment
Through KI Florida Fund II, Kennedy joined a joint venture to build The Keys at Cotee River, a 126-home gated rental community in Port Richey.Read the announcement
Kennedy Investments Announces Closing of KI Florida Fund II at $19M
KI Florida Fund II closed on March 1, 2020, with nearly $19 million in accredited equity.Read the announcementCOMPANY NEWS
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Acquisitions, fund milestones, and leasing announcements, posted by the Kennedy team.
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