TAMPA, FL—In another example of the burgeoning Westshore submarket here, the law firm Rissman, Barrett, Hurt, Donahue & McLain, P.A. has decided to stay where it is and has renewed its nearly 21,000-square-foot lease at the Tampa Commons office building here.

Brokerage firm JLL reports the law firm has completed a 20,859-square-foot lease renewal at the 13-story Class A office building at 1 North Dale Mabry Highway.

JLL vice presidents Sharon Bragg and Deana Beer represented the building owner in the transaction, while BishopBeale's Nicholas Fouraker and Mike Beale represented Rissman, Barrett, Hurt, Donahue & McLain, P.A.

“With its strategic location, first-class amenities and competitive leasing rates, Tampa Commons remains an office building of choice in the Westshore area,” Bragg says. “As Tampa's market continues to heat up with the vacancy rate reaching its lowest level since 2001, we expect to see more deal activity in this submarket over the next year.”

Others on the tenant roster at the 254,808-square-foot office building include Travelers Indemnity Co., Time Customer Service, Wilkes & McHugh and SAIC.

Overall, there is strong leasing interest in the Westshore office submarket, according to JLL. In fact, there are a number of tenants looking to relocate into this suburban area, according to JLL's fourth quarter office market research. The report indicates that the Westshore office market has a 15.3% vacancy rate and average asking rents of $26.69-per-square-foot for Class A and B office space.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.