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Orlando Industrial Figures - Q2 2023

July 6, 2023 5 Minute Read

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  • Total industrial vacancy rose to 4.3%, a year over year increase of 110 basis points.
  • Over 7.4 million sq. ft. between 38 industrial projects are under construction with over half of that square footage being built in Northwest Orange County.
  • Average asking rates are seeing large annual jumps, up an aggressive 15.4% year over year to $10.73 per square foot.