Figures
Orlando Industrial Figures - Q1 2024
April 5, 2024 5 Minute Read
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- Total industrial vacancy rose to 8.1%, a year over year increase of 460 basis points.
- Approximately 2.4 million sq. ft. between 17 industrial projects are under construction with over 73% of that square footage being built in Southeast Orange County.
- Average asking rates are seeing gradual increases; up a modest 1.7% quarter over quarter to $8.76 per sq, ft.