Tampa Boasts Strongest Rate of Retail Demand in Major Florida Markets

Tampa’s retail market is the largest in Florida, with approximately 175 million square feet of existing inventory. It also has been the most highly sought-after market for retailers, with the market recording roughly 1.4 million square feet of positive absorption — the measure of tenant move-ins versus move-outs — over the past year. The next largest retail market in Florida is Orlando, which has only experienced 580,000 square feet of absorption over that same period.