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We are also seeing a slowdown on the executive search front with new assignments flattening out versus the robust hiring environment that we observed in 2018.
Tampa posted a cost of living index of 89.7 during the first quarter of 2019, which was a slight decline from the first quarter of 2018 when its cost of living index registered at 90.1.
The years-long tight market has hurt commercial real estate asset classes, with higher vacancy rents, lower asking rates and greater concessions, according to a report last year from JLL.