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Connect CRE · Tampa · Industrial

Creation Building $65M Spec Tampa Warehouse Facility

Via Connect CRE · November 11, 2026
Compiled by Real Estate Trail Editorial · November 11, 2026

Why this matters

Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Tampa continues to benefit from infill scarcity and last-mile demand, with re-leasing spreads still positive on rolls. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
Creation and joint-venture partner PCCP began work on a 330,000 square-foot industrial park in East Tampa. Called 301 Exchange, the $65 million project will have three buildings, sized from 100,000 to 129,000 square f…
Read the full article at Connect CRE →

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