Tampa Bay’s retail market is experiencing an incredible period of growth with more new-to-market concepts expressing interest in the area than ever before. From the region’s exponential population growth to numerous exciting mixed-use developments popping up across the market, Tampa Bay’s growth has attracted national attention and retailers are following suit.
Based on current supply and demand factors, Franklin Street expects the Tampa Bay retail market will continue to tighten until a significant economic event cools growth. Although this will present challenges for tenants, many of the retailers our team works with have expressed that their results in Tampa Bay, and Florida as a whole, are some of the best in the U.S.
View or download Franklin Street’s full Q4-21 report on the Tampa Bay Retail Market for more insights and predictions.