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Michael Linton   |   FL Broker License BK703722   |   39 Years Experience   |  (312) 612-1031

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Tampa's Class A Office Core · Hillsborough County

Westshore (Tampa CBD)Commercial Real Estate Broker & Market Guide

Westshore is Tampa Bay's primary Class A office submarket — the corporate headquarters concentration for Raymond James, WellCare, Citigroup operations, and dozens of professional services firms. With direct access to Tampa International Airport, the Howard Frankland Bridge connecting to St Pete, and the Veterans Expressway connecting north Tampa Bay, Westshore is the single most strategically positioned office submarket in West Florida.

Marketed by Michael R. Linton, Florida Broker #BK703722 · NCREA · CREIPS · REALTOR® · Serving Westshore (Tampa CBD) commercial real estate.

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By the numbers · data as of November 4, 2026

Westshore commercial real estate by the numbers

The 2026 final tax roll lists 1,692 commercial and industrial parcels with 35.7 million square feet of buildings in Westshore (ZIPs 33607, 33609), with 60 arm’s-length sales on the roll. Median sale prices run $288–$360 per square foot by ZIP.

Commercial and industrial parcels
1,692
2026 final tax roll
Building square feet
35.7M
2026 final tax roll
Arm’s-length sales
60
on the roll sales file, excluding hotels
Median $/SF by ZIP
$288–$360
ZIP medians, 5+ sales
ZIPParcelsBldg SFSalesMedian $/SFMedian year builtOut-of-state ownersBank REO
3360797724.3M37$288197816.3%0
3360971511.4M23$36019738.8%1

For context, Hillsborough County as a whole has a median of $272 per square foot on 905 sales. Year to date through September 2026, the county median is $269, −0.4% from a year earlier.

Hillsborough 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.

Data set
  • HillsboroughCounty · details →
    Active listings
    6,284
    down −2.0% YoY
    Median days on market
    71 days
    Listings with price cuts
    28.5%
    Median listing $/SF
    $230
    Listing price, YoY
    down −7.1%
    Median listing price $408K
    Market condition
    Balanced
    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 Hillsborough 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 →

Tampa, Florida — The Numbers

U.S. Census figures for Tampa, Florida, the city that Westshore (Tampa CBD)is part of. Census data isn't published at the submarket level.

401,618
Population
$75,475
Median HH Income
$420,400
Median Home Value
$1,701/mo
Median Gross Rent
50.3%
Homeownership
5.6×
Price-to-Income
4.3%
Unemployment
+7.1%
Income Growth (YoY)
Listing MarketHillsborough County · residential · Realtor.com®
$408,250
Median List Price
6,284
Active Listings
71
Days on Market
28%
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 Hillsborough County-level (BLS / BEA — not published at city grain). Unemployment September 2026. Listing-market figures © Realtor.com® Economic Research (Hillsborough 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

Westshore: key facts for September 2026

  • In September 2026, the median listing price in Hillsborough County was $408K, down 7.1% from a year earlier, with 6,284 homes for sale (Realtor.com).
  • FHFA’s house price index for Hillsborough County rose 1.7% in 2025.
  • Investors took out 8.5% of home-purchase mortgages in Hillsborough County in 2025 (HMDA; cash purchases not included).
  • Hillsborough County had 795,729 jobs (2025 annual average), up 0.8% from the prior year (BLS QCEW).
  • The unemployment rate was 4.3% in September 2026 (BLS, not seasonally adjusted).
  • Permits were issued for 6,281 housing units in January–September 2026, down 15.5% from the same months a year earlier (U.S. Census Bureau).
Open the Hillsborough County market report →Hillsborough County data & trendsExplore on the Market Map

ZIP code snapshot for Westshore

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.

ZIPAreaMedian list pricevs. last yearHomes for saleHUD 2BR rentInvestor share*
33607Tampa$458K+1.7%97$2,480/mo26.4%Report →
33609Tampa$769K+10.0%126$2,310/mo10.6%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.

Westshore (Tampa CBD): Market Overview

The Westshore Business District contains approximately 20 million square feet of office space — making it one of the largest non-CBD office concentrations in the Southeast U.S. The district is bounded roughly by Tampa Bay to the west, I-275 to the east, Kennedy Boulevard to the south, and Hillsborough Avenue to the north.

Westshore's tenant mix is heavily weighted toward finance, insurance, professional services, and corporate operations. International Plaza and WestShore Plaza shopping centers anchor the submarket's retail base; major hotels (JW Marriott, Renaissance, Westin) support the business travel base.

Despite the post-2020 hybrid work environment, Westshore Class A occupancy has remained materially stronger than national averages — reflecting Tampa's lower remote work concentration and the strength of Westshore's headquarters base.

Economic Drivers

Tampa International Airport
Direct airport access; the most-connected submarket in Tampa Bay
Corporate HQ Concentration
Raymond James, WellCare, Bristol-Myers Squibb operations
Howard Frankland Bridge
Direct connection to Pinellas County labor base
Retail Anchors
International Plaza, WestShore Plaza — premium retail and dining
Hotel Concentration
Major business hotels; convention and corporate event demand
I-275 Access
Direct interstate access to all Tampa Bay submarkets

Asset Class Activity in Westshore (Tampa CBD)

Asset ClassActivityMarket Commentary
Class A OfficeHotTrophy office trades at compressed cap rates; institutional ownership dominant
Class B OfficeStrongValue-add reposition opportunities; cap rate spread to Class A
HotelStrongBusiness hotels recovered; new development limited
RetailHotInternational Plaza area premium; lifestyle and dining demand
MultifamilyHotNew high-density development; office-adjacent living preferred
Medical OfficeStrongAdjacent to St. Joseph's Hospital; specialty medical demand

Why Invest in Westshore (Tampa CBD)?

Westshore is for investors prioritizing institutional-quality office, retail, and hotel exposure in a top-tier U.S. submarket. Pricing reflects institutional demand — cap rates compressed versus comparable Orlando submarkets — but the rent fundamentals, tenant credit quality, and exit liquidity are materially stronger.

Frequently Asked Questions

Is Michael R. Linton a licensed commercial real estate broker in Westshore (Tampa CBD)?

Yes. Michael R. Linton is a Florida-licensed commercial real estate broker (FL Broker #BK703722) with 39 years of transaction experience, serving Westshore (Tampa CBD) and the broader Hillsborough 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 Westshore (Tampa CBD).

How do I contact a commercial real estate broker in Westshore (Tampa CBD)?

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

What makes Westshore Tampa's primary office submarket?

Westshore contains approximately 20 million square feet of office space — making it one of the largest non-CBD office concentrations in the Southeast U.S. Direct access to Tampa International Airport, the corporate headquarters concentration (Raymond James, WellCare), and connectivity to both Tampa and St Pete labor bases via the Howard Frankland Bridge make Westshore Tampa Bay's clear Class A office leader.

How are cap rates in Westshore Class A office?

Westshore Class A office cap rates vary by building, tenancy and timing. Specific transactions vary materially with tenant credit, lease term, and asset quality. For current submarket cap rate benchmarking and live transaction comps, contact Michael R. Linton at Linton Global Solutions.

How do I source Westshore office investment opportunities?

Most Westshore institutional transactions are brokered through investment sales teams at major brokerages with deep submarket relationships. Off-market opportunities and value-add Class B reposition deals often require direct relationship access. Michael R. Linton at Linton Global Solutions provides Tampa Bay coverage including Westshore acquisitions and dispositions.

Westshore (Tampa CBD) Topics

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