BaySpace St. Pete is a well-maintained flex facility that provides tenants across a variety of industries with the flexibility and optionality they need to prosper in St. Petersburg, Florida. The multi-tenant concrete construction features central cooling, 15-foot clear heights, 480-volt, 3-phase electric, and a sprinkler system. Tenants appreciate access to a shared loading dock that serves as a shipping and receiving port. A new TPO roof was installed in 2023, making the building more energy-efficient and environmentally friendly.
Long-term growth and success are inevitable for tenants at BaySpace St. Pete. The property's superior location sits off Interstate 275, one of the most heavily trafficked auxiliary interstate highways in the Tampa Bay area. With easy connectivity to Interstate 75 and the Sunshine Skyway Bridge, BaySpace St. Pete provides tenants with convenient commuter, transportation, and logistics access. The immediate area is characterized by dense commercial development, including a dynamic and diverse mix of distributors, manufacturers, retailers, and service-oriented businesses. From mom-and-pop shops to industry-leading enterprises, this commercial node has become a magnet for tenants looking to establish themselves in a robust regional hub.
St. Petersburg lies within the Tampa market, one of Florida's most resilient markets. With job and population growth leading the market's success, new and growing businesses are realizing the immense value of operating in an area with substantial demographics. Over the past decade, Tampa's population has increased by over 412,000 residents, with approximately 790 new residents per week. Through September 2023, the Tampa region has remained the state's leader for job growth, adding 44,900 jobs over the trailing 12-month period. Nearly every job sector has recorded growth year-over-year, including the professional and business services and the trade, transportation, and utilities segments. Take advantage of the rare opportunity BaySpace St. Pete provides to join a highly coveted commercial mecca with a positive economic trajectory.
Current incentives include six months of free base rent and $790,000 in tenant improvement allowances for qualified tenants with strong credit, with a commitment to a 10-year lease. Contact BaySpace St. Pete today to learn more.
Adam Halem
BaySpace
