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Tampa is a Top Market for Apartment Absorption

  • Writer: Tomlin Commercial Real Estate
    Tomlin Commercial Real Estate
  • Apr 20, 2021
  • 1 min read

Updated: Aug 18, 2022

The Tampa Bay multifamily market had an occupancy rate of over 95% in 2020, beating expectations during the coronavirus pandemic. It's net absorption - the total new square footage leased minus the total square footage of tenants that no longer occupy their apartments in a given time period - was also in the top 10 for all metro areas in the country.


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