DOHRING GROUP STREETWISE! - PERSPECTIVES AND OPPORTUNITIES
(by Dohring Group CEO, Brenda Dohring Hicks & Team)
Perspectives and Opportunities! gives you information, vision and insight about the vitalization occurring in cities across the United States and how you can be a part of current and exciting initiatives in commercial real estate.
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The Year 2012Josh Dohring, Vice President Brokerage Division
Happy New Year! As we  begin 2012, we reflect on how grateful we are for the blessings of our friends, family, successes, and lessons. We've found a new and unique way to express our gratitude to our friends and clients. We want to give you the Gift of Relaxation and Enjoyment aboard the sailing catamaran Noshooz with Tampa Bay Sailing Tours. Use the Coupon Code: Dohring Group to receive a 25% discount on any sailing trips for up to 6 passengers. See how much fun people have out on the bay by visiting Trip Advisor. In addition to enjoying time with friends and family, many folks are finding these trips a great way to entertain business guests.
Now back to business...
This is always an exciting time of year as we look back at what we've been through and dive in to what's ahead. Nationally and locally, properties in Central Business Districts (CBD) continue to outperform properties in suburban areas. CBD absorption figures continue to lead the nation forward while suburban markets struggle. In our Tampa Bay Area Market office, retail, industrial, and multifamily properties all saw positive gains through 2011, as pent up demand pushed decreases in overall vacancy rates. As our area continues to post positive job growth, expansion is expected to continue in 2012. The most competitive has been second generation space located in quality areas. The world of "distressed assets" seems to be fading from the forefront of buyers thoughts as our markets slowly return to what many are calling "the new normal".
In 2011, we saw Mayor Buckhorn bring great energy to the leadership of our city by starting a food truck rally, opening a number of development opportunities to private business through City RFPs with a focus on the activation of our waterfront and Riverwalk, and bringing in the Urban Land Institute to create a long-awaited Master Plan which will focus on better transportation options, more pedestrian friendly streetscapes, and green-scapes to help spur Tampa's economic development and continue to build Tampa's "soul".
The new Tampa Bay Lightning ownership and management have brought amazing energy and partnerships into Downtown. Tampa International Airport, also under new leadership, is "taking off" for economic success this year while remembering its roots by bringing local restaurants into the amenities people will enjoy during their Tampa airport experience.
The Dohring Group spent 2011 helping owners sell and lease their properties, as well as helping tenants and buyers find the perfect location for their business. We are proud to be a part of two significant urban developments. The ENCORE is gaining momentum with its Leed-certified infrastructure fully completed and its first multi-family building, the Ella under construction. Expect to see two more multi-family buildings following close behind the Ella's vertical ascent. We're excited to be a part of finding the perfect tenants and buyers for that community. Regionally, we are moving forward with opportunities at Creative Village in Orlando, a 68+ acre mixed use transit oriented development in the urban core. Creative Village will be a one-billion dollar development incorporating high-tech businesses, educational institutions and residential living.
Our focus in 2012 is to continue to add as much value as possible to our clients' commercial real estate activities while striving to be a positive and developmental force in the community that we love. From hockey games, restaurants, and boat trips to museums and gorgeous new parks along our waterfront, there are numerous options for enjoying our city. Please come out and join us this year for some of the excitement throughout the year here in Tampa's Urban Core!
From our family to yours, we wish you a happy, prosperous, and inspired year!
See our Commercial Listing below for current opportunities.
For Sale and For Lease Opportunities
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View the Urban Land Institute Tampa Bay Sustainability Forum video.
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CONTACT US
Abbey Dohring Josh Dohring
T: 813.223.9111 T: 813.223.9111
C: 813.416.7155 C: 813.784.2732
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 FEATURED OPPORTUNITIES
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PROPERTIES FOR LEASE
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* Featured Property * Retail/Office, Downtown Tampa, 501 N. Morgan St. 
- 1,000 - 7,500 SF Retail or Professional Space
- Executive Parking Available
- Brand New Construction
- In the heart of Hillsborough County Court system
- Competitive Rates
- High Security
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* Featured Property * Retail, Channelside
The Slade, 201 N. 11th St.
- Spaces from 1,000 SF - 6,000 SF
- Centrally located and Highly Visible Location in the Heart of Channelside
- Thriving Urban Residential Community
- CRA Incentive available to Lower Tenant Costs
- Great need for Quality Retail and Neighborhood Services
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PROPERTIES FOR SALE
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* Featured Property * Urban Core
Encore Street Retail-The Ella Building, 
E. Cass St., Tampa, FL 33602 Opportunity to own brand new class A retail space in downtown Tampa for only $100/sf.
In a perfectly poised growth market in Tampa, Florida, Bank of America unveils a 28- acre downtown urban renewal project called Encore. With demolition underway and ground breaking scheduled for Qtr 1, 2008, the project will surpass expectations by drawing from the area' s rich musical history.
This master mixed-use plan (full scale community with buildings of varied heights and designs) will offer multifamily rental and condo units, retail, office, major grocer, a revitalized park, and hotel all architecturally harmonized around a grand boulevard focused on walkability, functionality, and convenience. The main boulevard will be lined with restaurants, community services, and entertainment venues with ample parking incorporated in the design. Encore is a shining example of integration of rich historical perspective with a new, more urban mixed-use and user-friendly environment.
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* Featured Property *
Commercial Investment, North of Downtown Tampa
4634 N. Florida Ave., Tampa, FL 33603
Bank Owned, Mixed Use, Owner User opportunity to own 7,908SF on Florida Ave. in Seminole Heights only minutes north of Downtown Tampa. The property consists of 3 buildings used for warehouse and commercial space with 4 rooms upstairs finished out as office space. The front of the property has parking and 129' of frontage on Florida Ave. The rear of the property has a hydraulic lift, ample parking, and rear access through open alley.
Property is located in Seminole Heights neighborhood along Florida Ave. just north of MLK Blvd |
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