Figures

Orlando Industrial Figures - Q2 2024

July 8, 2024 5 Minute Read

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  • Total industrial vacancy rose to 8.2%, a year over year increase of 360 basis points.
  • Approximately 4.3 million sq. ft. between 30 industrial projects are under construction with 30% of that square footage pre-leased.
  • Average asking rates are seeing gradual increases; up a modest 1.4% quarter over quarter to $8.87 per sq, ft.