Pinellas County's Office & Industrial Hub · Pinellas County

Gateway / CarillonCommercial Real Estate Broker & Market Guide

Gateway is Pinellas County's primary suburban office and industrial submarket — anchored by the Carillon office park, the Gateway Centre, major employer concentrations (Raymond James, Jabil), and direct I-275 access to both downtown St. Petersburg and Tampa. The submarket combines institutional-quality office inventory with meaningful industrial and logistics infrastructure.

Marketed by Michael R. Linton, Florida Broker #BK703722 · NCREA · CREIPS · REALTOR® · Serving Gateway / Carillon commercial real estate.

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By the numbers · data as of November 4, 2026

Gateway / Carillon commercial real estate by the numbers

The 2026 final tax roll lists 299 commercial and industrial parcels with 13.6 million square feet of buildings in Gateway / Carillon (ZIP 33716), with 9 arm’s-length sales on the roll. The median sale price is $153 per square foot.

Commercial and industrial parcels

299

2026 final tax roll

Building square feet

13.6M

2026 final tax roll

Arm’s-length sales

on the roll sales file, excluding hotels

Median $/SF

$153

ZIP medians, 5+ sales

ZIP	Parcels	Bldg SF	Sales	Median $/SF	Median year built	Out-of-state owners	Bank REO
33716	299	13.6M	9	$153*	1989	24.4%	5

For context, Pinellas County as a whole has a median of $211 per square foot on 633 sales. Year to date through September 2026, the county median is $211, +0.0% from a year earlier.

Pinellas County Market Pulse

Asking-side listing data for every Florida county: inventory, days on market, price cuts and listing prices, from Realtor.com® Economic Research. These are listings, not closed sales.

PinellasCounty · details →
Active listings
6,523
down −9.3% YoY
Median days on market
84 days
Listings with price cuts
25.0%
Median listing $/SF
$300
Listing price, YoY
down −3.6%
Median listing price $417K
Market condition
Leaning buyer's market
vs. Florida statewide^*
Source: Realtor.com® Economic Research, September 2026.

How these figures are calculated

* Market condition. Market condition compares a county's share of active listings with a price reduction and its median days on market with the Florida statewide figures Realtor.com publishes for the same month. Both above the statewide figure: leaning buyer's market. Both below: leaning seller's market. Anything else, including a tie or one missing metric: balanced. Both metrics missing, or no statewide figure for that month: shown as —. This is a read of asking-side listing data only; it is not months of inventory or a measure of closed sales. Florida statewide, September 2026: 20.1% of listings with a price cut, 81 median days on market. Methodology · Data dictionary

Residential. Realtor.com® Economic Research, monthly. Listing counts, days on market and listing prices come from the monthly history; price-cut share and $/SF are stored for the latest month (September 2026) only. Earlier months show the snapshot for that month, not an average. YoY compares a month with the same month a year earlier; for September 2026 it uses Realtor.com's published YoY figures.

Commercial. Florida Department of Revenue tax roll (NAL/SDF) and Florida Department of State (Sunbiz), via LGData; Linton Global calculations. Commercial (DOR 010-039) and industrial (040-049) parcels. Sales and $/SF = arm's-length single-parcel sales (DOR qualification codes 01-02) on the current roll, excluding hotels/motels (DOR 039, which in resort counties includes condo-hotel and vacation-rental units). Areas with fewer than 5 parcels, and $/SF medians from fewer than 5 sales, are suppressed.

The full Pinellas County report

Source: Florida Department of Revenue tax roll and Florida Department of State, via LGData; Linton Global calculations. Commercial and industrial parcels; sales are arm’s-length, single-parcel transfers, excluding hotels and motels. Medians from fewer than 5 sales are not shown, and a small sample can swing a ZIP median, so read each one with its sales count. * Fewer than 10 sales.

Market Data

All Florida county data →

St. Petersburg, Florida — The Numbers

U.S. Census figures for St. Petersburg, Florida, the city that Gateway / Carillonis part of. Census data isn't published at the submarket level.

262,732

Population

$75,192

Median HH Income

$371,100

Median Home Value

$1,663/mo

Median Gross Rent

62.8%

Homeownership

4.9×

Price-to-Income

4.1%

Unemployment

+8.5%

Income Growth (YoY)

Listing MarketPinellas County · residential · Realtor.com®

$417,450

Median List Price

6,523

Active Listings

Days on Market

25%

Price-Cut Share

List price · 3-yr trend

Inventory · 3-yr trend

Days on market · 3-yr trend

City-level figures from the U.S. Census Bureau (ACS 2023 5-yr). Unemployment and income growth are Pinellas County-level (BLS / BEA — not published at city grain). Unemployment September 2026. Listing-market figures © Realtor.com® Economic Research (Pinellas County, residential). Public-domain + attributed data, market context only — not an appraisal or investment advice. Snapshot updated 2026-11-01.

Live market data · refreshed as each source publishes

Gateway / Carillon: key facts for September 2026

In September 2026, the median listing price in Pinellas County was $417K, down 3.6% from a year earlier, with 6,523 homes for sale (Realtor.com).
FHFA’s house price index for Pinellas County fell 2.0% in 2025.
Investors took out 14.3% of home-purchase mortgages in Pinellas County in 2025 (HMDA; cash purchases not included).
Pinellas County had 441,425 jobs (2025 annual average), down 1.4% from the prior year (BLS QCEW).
The unemployment rate was 4.1% in September 2026 (BLS, not seasonally adjusted).
Permits were issued for 2,059 housing units in January–September 2026, down 12.1% from the same months a year earlier (U.S. Census Bureau).

Open the Pinellas County market report →Pinellas County data & trends Explore on the Market Map

ZIP code snapshot for Gateway / Carillon

Listing data for September 2026 (Realtor.com) · HUD Fair Market Rent FY2027. *Share of home-purchase mortgages for investment property (2025, HMDA, estimated from census tracts; cash purchases not included). Open any ZIP for its full report.

ZIP	Area	Median list price	vs. last year	Homes for sale	HUD 2BR rent	Investor share*
33716	Saint Petersburg	$200K	−10.1%	42	$2,470/mo	8.1%	Report →

Sources: Realtor.com® Economic Research, FHFA, U.S. Bureau of Labor Statistics, U.S. Census Bureau. County-level figures; informational only, not an appraisal.

Gateway / Carillon: Market Overview

Carillon — a 442-acre master-planned office park developed by Echelon — is the dominant office concentration. Major tenants include Raymond James (St. Petersburg HQ), Jabil (global electronics HQ), and dozens of professional services firms. The park's campus environment, lake amenities, and direct I-275 access make it the premier suburban office address in Pinellas County.

The broader Gateway submarket extends through Gateway Centre and adjacent commercial corridors, with meaningful retail (St. Pete Premium Outlets) and industrial inventory serving Pinellas County logistics demand.

Gateway's combination of established corporate base, direct interstate access, and amenity-rich campus environment has produced durable office occupancy and pricing — particularly versus the broader suburban office market that has faced post-2020 headwinds.

Economic Drivers

Carillon Office Park

442-acre master-planned campus; premier Pinellas office address

Raymond James HQ

Major Fortune 500 headquarters anchor

Jabil HQ

Global electronics manufacturing HQ; corporate operations

I-275 Access

Direct interstate access to both St. Pete and Tampa

Gateway Retail

St. Pete Premium Outlets, Gateway Centre

Industrial Inventory

Pinellas County logistics and distribution base

Asset Class Activity in Gateway / Carillon

Asset Class	Activity	Market Commentary
Class A Office	Strong	Carillon premier; institutional ownership concentrated
Industrial / Logistics	Hot	Constrained Pinellas inventory drives pricing
Retail	Strong	St. Pete Premium Outlets, grocery-anchored centers
Multifamily	Strong	Class A and value-add adjacent to office concentrations
Hotel	Stable	Mid-tier business hotels serving corporate travel
Medical Office	Stable	Adjacent to St. Petersburg General Hospital

Why Invest in Gateway / Carillon?

Gateway is the established suburban office and industrial submarket for Pinellas County. Carillon's campus environment and Raymond James / Jabil corporate base produce institutional-quality office investment opportunities. The constrained Pinellas County industrial inventory drives pricing power across logistics and distribution. Direct I-275 access provides connectivity to both Tampa and downtown St. Pete labor bases.

Frequently Asked Questions

Is Michael R. Linton a licensed commercial real estate broker in Gateway / Carillon?

Yes. Michael R. Linton is a Florida-licensed commercial real estate broker (FL Broker #BK703722) with 39 years of transaction experience, serving Gateway / Carillon and the broader Pinellas County market. He holds NCREA (National Commercial Real Estate Advisor), CREIPS (Certified Real Estate Investment Property Specialist), and REALTOR® credentials, and advises investors, owners, and tenants on multifamily, office, industrial, retail, hospitality, land, mixed-use, medical office, self storage, and special-purpose commercial real estate in Gateway / Carillon.

How do I contact a commercial real estate broker in Gateway / Carillon?

Contact Michael R. Linton at Linton Global Solutions — (312) 612-1031 or mike@lintonglobal.com — for a free Gateway / Carillon commercial real estate consultation. Linton Global Solutions serves Gateway / Carillon across all major asset classes and represents both buy-side and sell-side principals, plus 1031 exchange replacement-property sourcing.

What is Carillon office park?

Carillon is a 442-acre master-planned office park developed by Echelon in the Gateway area of St. Petersburg. Major tenants include Raymond James (Fortune 500 HQ), Jabil (global electronics HQ), and dozens of professional services firms. The campus environment, lake amenities, and direct I-275 access make it the premier suburban office address in Pinellas County.

Why is industrial CRE strong in Gateway?

Pinellas County is highly built-out, with very limited remaining industrial land. The constraint produces pricing power for existing industrial inventory and meaningful demand for any new development. Gateway's I-275 access and central Pinellas position make it the county's primary logistics and distribution submarket.

How do I source Gateway investment opportunities?

Most Gateway institutional transactions are brokered through major investment sales teams with Tampa Bay coverage. Value-add opportunities exist in Class B office reposition, older industrial, and multifamily adjacent to the office concentrations. Michael R. Linton at Linton Global Solutions provides Gateway coverage.

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