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Commercial Real Estate

Thursday, May 5, 2011

REAL [estate] TALK

Why so much Westchase Commercial Real Estate?

Westchase's vibrant retail, restaurant and bar scene is hopping, so why are there so many vacant commercial spaces in Westchase?

Westchase residential real estate has braved the real estate downturn and is stabilizing more quickly than some other Tampa suburbs, but why is the commercial lease story different?  Why is there so much commercial space for lease in Westchase? Every morning Westchasers travel to Starbucks and West Park Village Deli for their morning brew. Those who eat lunch and spend their weekend free time in Westchase fill the many Westchase restaurants and bars in the several commercial plazas including the two Westchase Town Centers, Publix Shopping Plaza and the Hampton Lakes Retail Plaza. Try to book a hair appointment with your favorite hairdresser, fight for a spot at the bar at World of Beer, wait for a table at Zen or Catch 23 and get on the …

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