COLONIAL PLACE SEES 28,000 SF IN NEW LEASE ACTIVITY

Tampa, FL – October 28, 2011 – (RealEstateRama) — Westshore continues to hold the position of Tampa Bay’s strongest submarket, with a 20 basis point improvement in vacancy rates during the third quarter and three sustained quarters of positive absorption. Contributing to the positive activity in this submarket was more than 28,000 SF in new leases signed at Colonial Place, located at 4350 West Cypress Street, just off I-275.