The company has executed more than 508,000 square feet in new or renewed leases in 2020; while declaring an increase in average rent rates.

In Q2, cap rates hit a three-year low as investors seek safety.

JLL has been named the exclusive leasing agency for the 45,000-square foot site in Sunset Park.

Colliers found that overall activity in Tampa Bay CMBS markets in second quarter 2020 started to thaw even though new leasing and investment closings were down.