Water Street Tampa (trophy, ~$52/sqft/yr) is one of 5 Tampa Class A submarkets we track.

• Water Street Tampa sits at trophy tier.
• Average rent $52/sqft/yr vs city average 38.
• Compared submarkets: Downtown (trophy), Westshore (prime), The Heights / Tampa Heights (prime).

TL;DR

• Water Street Tampa sits at trophy tier.
• Average rent $52/sqft/yr vs city average 38.
• Compared submarkets: Downtown (trophy), Westshore (prime), The Heights / Tampa Heights (prime).

Side-by-side with peers

**Downtown** (trophy, $46/sqft/yr) — Reborn CBD with Water Street trophy anchor. **Westshore** (prime, $36/sqft/yr) — Legacy suburban Class A spine. **The Heights / Tampa Heights** (prime, $40/sqft/yr) — Repositioned creative-class submarket. **I-75 Corridor (Brandon / Riverview)** (established, $28/sqft/yr) — Suburban Class A growth frontier.

Key facts

Frequently asked questions

What other submarkets compete with Water Street Tampa in Tampa?

Downtown, Westshore, The Heights / Tampa Heights

Related

• Water Street Tampa — submarket overview
• Tampa — full city profile
• Tampa submarkets — all
• Water Street Tampa — Rents
• Water Street Tampa — Tenants
• Water Street Tampa — Transit
• Water Street Tampa — Amenity

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

Related topics

• Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
• Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
• ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
• Fit-out Capex — How to budget, sequence, and govern Class A office fit-out">fit-out capex.
• Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.