Downtown Warehouse Space for Rent
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Renting Warehouse Space in Downtown
Water Street Tampa is the multibillion-dollar urban centerpiece that has redefined the city's skyline. As of early 2026, the project is moving through phased completions that have added thousands of luxury apartments and premium office space, such as Thousand & One, which maintains the highest "Trophy" rental rates in the city at over $50.00 PSF (Source: Davron 2026 / Avison Young Q1 2025). It remains the world’s first WELL-certified community, setting a new global standard for wellness-focused commercial design (Source: PMI Arrico Realty). 2026 marks the beginning of several major next-phase projects, including the targeted groundbreaking of Hotel ORA + Private Residences, a $675 million mixed-use tower. Additionally, a new 3,500-seat live music venue and entertainment district across from Benchmark International Arena are planned to start construction by late 2026 or early 2027, further expanding the neighborhood's 24-hour ecosystem (Source: TBBW Mag, Dec 2025).
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Suite Rates in Downtown
Suite Sizes in Downtown
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Bayside | 1,100 | $1.36 / SF | < 30 |
| Clearwater | 1,100 | $1.55 / SF | < 30 |
| Downtown | - | - | < 30 |
| Palm Harbor | 4,100 | $1.16 / SF | 265 |
| St. Petersburg | - | - | < 30 |
| Westshore | 2,500 | $1.16 / SF | < 30 |
| Ybor City | 5,800 | $1.62 / SF | < 30 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.